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

Latest News

Board Meetings

May 9, 2024 at 2:00 p.m.Room 515 North Office Building Harrisburg

Board Meetings

April 25, 2024 at 2:00 p.m.Room 515 North Office Building Harrisburg

Contact & Location

Commonwealth Keystone Building
400 North Street, FL 6
Harrisburg, PA 17120
Jennifer Sheffield
Acting Executive Director