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Financing and Terms Sheets
In addition to our Housing Tax Credit programs, WHEDA offers a variety of financing options for multifamily developers.
Lending Rates
(as of 5/17/2022)
Program | Rate |
---|---|
Long-Term Tax-Exempt Financing
|
6.10% |
Short-Term Tax-Exempt Financing
|
4.95% |
Preservation Plus | 5.85% |
Construction Plus | 3.94%-4.19% |
Tax Credit (LIHTC) 9% Financing |
4.95% |
Taxable Financing | 5.25% |
Short-term Reinvestment Rate/General Fund | 0.66% |
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 |