Helping You Build the Future
Since 1971, the Authority has issued approximately $3 billion of bonds and notes through over 235 debt issues. As of June 30, 2020, approximately $934 million is outstanding.
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
- Congratulations to Tracey Gran of St. Catherine University
- Notice of Public Hearing on Revenue Obligations on Behalf of St. Olaf College
- Congratulations to University of St. Thomas President Julie Sullivan and University Chair Dr. Yohuru Williams
- University of St. Thomas Remembers Professor Emeritus Michael Sullivan