Helping You Build the Future
Since 1971, the Authority has issued approximately $3 billion of bonds and notes through over 230 debt issues. As of June 30, 2019, approximately $984 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
- Telephonic Hearings Permitted by IRS during COVID-19 Pandemic
- Bethel Adds Four Affordable Online Concentrations to MBA Program
- Star Tribune: For Minnesota colleges, pandemic brings financial reckoning and an uncertain fall semester
- Saint Mary’s University of Minnesota: Strengthening Community