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Developers and Property Managers /
Financing
Financing
In addition to our Housing Tax Credit programs, WHEDA offers a variety of financing options for multifamily developers.
Lending Rates
| Program | Rate |
|---|---|
| Tax-Exempt Financing | 4.65% |
| Preservation Plus | 4.40% |
| Taxable Bond Rate | 5.35% |
| Construction Plus | 3.17%-3.42% |
| Tax Credit (LIHTC) 9% Financing |
Term: 35 years Yield Maintenance: 15 years 5.35% |
| Short-term Reinvestment Rate/General Fund | 0.12% |
| Preservation Revolving Loan Fund | 2.00%-5.00% |
| 7/10 Flex Financing | 7-Year Reset Option: 7-year Treasury plus 210 bp spread 10-Year Reset Option: 10-year Treasury plus 230 bp spread *See term sheet for more information |