Partners in Progress since 1971
For 50+ years, the Minnesota Higher Education Facilities Authority has served its borrowers through 240+ financings totaling over $3 billion of Bonds and Notes, with more to come.
Facilitating Financing to Accomplish Your Mission
Conduit issuer in Minnesota providing low-cost project financing for Minnesota private higher education institutions.
We Provide Financing and More
The Minnesota Higher Education Facilities Authority (the “Authority”) assists private nonprofit colleges and universities in Minnesota to finance or refinance their capital needs. The Authority accomplishes its mission by the issuance of tax-exempt or taxable bonds or notes and lending the proceeds to the school.
The Authority provides post-sale assistance to borrower schools helping them to manage their financing obligations, comply with regulatory and legal compliance requirements, monitor credit markets for refunding opportunities, and assist in answering any questions which arise during the life of the financing. The Authority actively works to have laws and regulations amended or revised to empower the Authority to provide such assistance.
Recent News
- MCAD takes center stage in environmental research
- MHEFA’s FY2024 Annual Report is Now Available
- Pioneer Press: “Bethel University announces $20 million donation, launch of new health sciences college”
- Star Tribune: ‘Life-changing’ college financial aid program North Star Promise helps boost student enrollment