PHEFA is a public corporation and a public instrumentality of the Commonwealth of Pennsylvania, created in 1967 to provide tax-exempt financing for Pennsylvania's colleges and universities. PHEFA does not receive taxpayer funding.
Benefits of using PHEFA for your financing needs:
- PHEFA is a well-known name in the public finance community and has issued over $23 billion
- Professional full-time staff to expedite the bond issuance process
- Working relationships with public finance professionals including bond counsels, underwriters, financial advisors, and trustees
- Member of the National Association of Health & Educational Facilities Finance Authorities (NAHEFFA)
- Arbitrage Rebate calculations and compliance
- Competitive fees