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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  (02/23/2024)

Program Rate

Long-Term Tax-Exempt Financing

  • Current indicative rate without hedge
  • Rate lock will be offered at bond issuance
  • Indicative bond rates will be updated weekly
6.30%

Short-Term Tax-Exempt Financing

  • Current indicative rate without hedge
  • Rate lock will be offered at bond issuance
  • Indicative bond rates will be updated weekly
5.80%
Preservation Plus 6.05%
Construction Plus 8.43%-8.68%
Short-term Reinvestment Rate/General Fund 5.19%
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