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Frequently Asked Questions

  • What are the advantages of financing through WHEFA?
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  • How are bonds secured?
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  • What kind of institutions can apply to the Authority for tax-exempt financing?
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  • How are the bonds repaid?
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  • What is WHEFA?
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  • Does the State of Washington use my tax dollars to fund WHEFA?
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  • Does the Authority then control the institution's operation?
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  • How does an institution apply to the Authority for financing?
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  • Does WHEFA dictate a borrower's underwriter and bond counsel?
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  • How do I submit a request for records?
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  • Who can WHEFA help?
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  • How long does it take to fund a loan through WHEFA?
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  • Why is tax-free financing an attractive option for the non-profit borrower?
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  • Who governs WHEFA?
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  • How much does it cost to apply for financing?
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  • What do we do?
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  • How do I apply for financing?
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  • Can the Authority finance projects outside of Washington?
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  • What kinds of financings methods are available?
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  • Is it possible for non-state issuers to fund projects in Washington?
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  • Who buys bonds issued by WHEFA?
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  • Who sells bonds issued by WHEFA?
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  • Are long term loans available through WHEFA?
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  • What is TEFRA hearing?
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  • Can WHEFA help with small loans?
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