WHEDA Home Page
/
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 (9/26/2023)
Program | Rate |
---|---|
Long-Term Tax-Exempt Financing
|
6.60% |
Short-Term Tax-Exempt Financing
|
6.30% |
Preservation Plus | 6.35% |
Construction Plus | 8.43%-8.68% |
Tax Credit (LIHTC) 9% Financing |
6.65% |
Taxable Financing | 6.90% |
Short-term Reinvestment Rate/General Fund | 5.23% |
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 |