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Home » Budget » State budgets » 2021-23 Gov. Inslee's proposed budgets » Agency detail budgets » Wa Higher Education Facilities Auth

Wa Higher Education Facilities Auth

RCW 28B.07

The Washington Higher Education Facilities Authority (WHEFA) issues tax exempt, nonrecourse revenue bonds and then lends the proceeds to qualified, private, not for profit higher education institutions in the state, pursuant to a loan and security agreement. Higher education institutions may use the bond proceeds for construction, remodeling, equipment, refinancing of debt, or any other approved purpose. In 2007, WHEFA was given the authority to originate and acquire educational loans and to issue nonrecourse revenue bonds to be paid from such loans.
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Net change from current biennium
Percent change from current biennium

Operating Budget: Summary

Appropriated Funds

Non-Appropriated Funds

2019-21 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2017-19 Actual 2019-21 Estimated 2021-23 Proposed
Discrete Component Units Processing - Nonappropriated 55
Total Non-Appropriated Funds 55