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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 5.45%
Construction Plus 3.16%-3.41%
Tax Credit (LIHTC) 9% Financing

Term: 35 years Yield Maintenance: 15 years


Short-term Reinvestment Rate/General Fund 0.01%
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