Skip navigation
Back

Financing

In addition to our Housing Tax Credit programs, WHEDA offers a variety of financing options for multifamily developers.

Lending Rates

Notice

WHEDA will be doing behind the scenes maintenance on WHEDA.com, beginning on Monday, February 10th. Rates will not be updated during this period, expected to last two weeks. For the most current rates, please contact a Commercial Lending Officer.

Program Rate
Tax-Exempt Financing 4.80%
Preservation Plus 4.55%
Taxable Bond Rate 6.10%
Construction Plus 4.67%-4.92%
Tax Credit (LIHTC) 9% Financing

Term: 35 years Yield Maintenance: 15 years

5.35%

Short-term Reinvestment Rate/General Fund 1.53%
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

Posted rates last updated on 2/7/2020.