WHEDA
/
Developers and Property Managers /
Financing
Financing and Terms Sheets
In addition to our Housing Tax Credit programs, WHEDA offers a variety of financing options for multifamily developers.
Lending Rates (03/12/2024)
Program | Rate |
---|---|
Long-Term Tax-Exempt Financing
|
6.25% |
Short-Term Tax-Exempt Financing
|
5.70% |
Preservation Plus | 6.00% |
Construction Plus | 8.44%-8.69% |
Tax Credit 9% Financing | 6.85% |
Short-term Reinvestment Rate/General Fund | 5.20% |
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 |