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Frequently Asked Questions
01
What is WHEFA?
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02
What do we do?
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03
What are the advantages of financing through WHEFA?
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04
Who can WHEFA help?
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05
How long does it take to fund a loan through WHEFA?
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06
Are long term loans available through WHEFA?
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07
Can WHEFA help with small loans?
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08
Does WHEFA dictate a borrower's underwriter and bond counsel?
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09
Who sells bonds issued by WHEFA?
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10
Who buys bonds issued by WHEFA?
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11
How are the bonds repaid?
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12
Who governs WHEFA?
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13
Does the State of Washington use my tax dollars to fund WHEFA?
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14
How do I apply for financing?
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15
How do I submit a request for records?
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16
How much does it cost to apply for financing?
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17
What is TEFRA hearing?
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18
What kind of institutions can apply to the Authority for tax-exempt financing?
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19
Can the Authority finance projects outside of Washington?
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20
Is it possible for non-state issuers to fund projects in Washington?
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21
Why is tax-free financing an attractive option for the non-profit borrower?
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22
What kinds of financings methods are available?
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23
How are bonds secured?
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24
Does the Authority then control the institution's operation?
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25
How does an institution apply to the Authority for financing?
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