About

Learn about Minnesota Higher Education Facilities Authority, including Green Bonds - Series 2022A (University of St. Thomas), Featured News, Borrowers, The Team, and 50th Anniversary and 34th Annual Conference Information.

Founded in
1971
Bonds Outstanding as of 6/30/2022
$1,091,679,593
Series of Bonds Issued as of 6/30/2022
245

About Minnesota Higher Education Facilities Authority

The Minnesota Higher Education Facilities Authority (the “Authority”) was formed by the Minnesota Legislature in 1971. The purpose of the Authority is to assist Minnesota based institutions of higher education in the construction, financing and refinancing of capital projects. The legislation authorizing the Authority establishes and affirms that the Authority’s authorized power is an essential public function. The Authority is also authorized and empowered to do all things necessary or helpful to carry out its statutory purpose.

The Authority may have up to $1.3 billion of bonds or notes outstanding at any time. The Authority receives no state funding of any kind. It does not have any taxing power and does not receive any allocation of tax receipts from the state of Minnesota. Authority operations are funded 100% from fees charged to borrowers and investment earnings.

Green Bonds - Series 2022A (University of St. Thomas)

Learn about our environmental, social, and governance program, and how we bring those values to life with green bonds, sustainable projects, and more.

View Program Details

Borrowers

View Borrowers

The Team

Barry W. Fick

Executive Director

(651) 296-4690

info@mnhefa.org

Read bio
Amanda G. Lee

Operations Manager

(651) 296-4690

info@mnhefa.org

Read bio
View Team

50th Anniversary and 34th Annual Conference Information

50th Anniversary

Please use our 50th Anniversary link to view more information about this important milestone.

34th Annual MHEFA Conference

We continue to adjust the timing and viewing options with the safety of participants and speakers as our highest priority. This year we rescheduled the Conference from April to August and provided both an in-person and a virtual conference attendance option. This hybrid system worked well, allowing more people to view the conference in real-time. We plan to continue to improve both the content and viewing experience for you in future years. 

If you weren’t able to attend the entire presentation in person or virtually, we are able to offer you a limited-time opportunity to experience the Conference through the MHEFA website. We’ll be posting the presentations and the accompanying graphics on our website for a limited time. Please see below for this information.

We hope you are able to view the material on the MHEFA website. We also hope to see or hear from you soon. We appreciate your interest in our Annual Finance Conference and look forward to bringing it to you next year.


INTRODUCTION, WELCOME & AUTHORITY PERSPECTIVE

Barry W. Fick
Executive Director
Minnesota Higher Education Facilities Authority
651-297-2260
bwf@mnhefa.org
www.mnhefa.org


ECONOMICS PRESENTATION

Piper Sandler Financial Strategies

Dimitri Delis, Ph.D.
Chief Portfolio Strategist
Managing Director, Piper Sandler Financial Strategies
312-267-5158
Dimitri.Delis@psc.com


CREDIT RATING DEVELOPMENTS

Moody's Investors Service

Debra Roane
Vice President, Senior Credit Officer
212-553-6899
Debra.Roane@moodys.com

Jared Brewster
Vice President – Senior Analyst
212-553-4453
Jared.Brewster@moodys.com


ARBITRAGE REBATE

Ice Miller

Amy Corsaro
Partner
Ice Miller
317-236-2174
Amy.corsaro@icemiller.com

Kristen Kalinowski
Rebate Manager
317-236-5908
Kristen.kalinowski@icemiller.com


MINNESOTA DEMOGRAPHICS

State of Minnesota Demographer's Office

Megan Dayton 
Senior Demographer
Minnesota State Demographic Center
Department of AdministrationMegan.Dayton@state.mn.us
Demography.helpline@state.mn.us
mn.gov/demography


AUTHORITY’S 50TH ANNIVERSARY RECOGNITION

Barry W. Fick
Executive Director
Minnesota Higher Education Facilities Authority
651-297-2260
bwf@mnhefa.org
www.mnhefa.org


A video recording of this year's conference is also available here:

View 50th Anniversary and 34th Annual Conference Information