What Is HEFFA?

HEFFA issues conduit tax-exempt revenue bonds to assist Florida’s accredited private not-for-profit colleges and universities. Since its founding in 2001, over 1.4 billion in conduit bonds or loans have been issued by HEFFA to finance and/or refinance capital projects. HEFFA bonds are payable solely from loan repayments made by eligible borrowers and are not payable from or backed by any State revenue or credit.

Our Mission

The Authority’s mission is to issue tax-exempt bonds on behalf of the ICUF schools. Since its inception, the Authority has issued bonds totaling approximately $1.4 billion on behalf of the state’s private tax-exempt institutions of higher education. The proceeds of these bond sales may be used for all of the normally expected types of capital projects such as:

Helping Deliver World Class Facilities

HEFFA bonds are a great resource for Rollins and help us deliver on our mission to our students by providing world-class facilities.

Rollins 2020 Bonds Financed or refinanced the following projects:

  • Kathleen W. Rollins Hall Renovation (project completed January 2020)
  • Greenhouse Construction (state-of-the-art greenhouse and home to hundreds of plant species from around the world) (Project Completed September 2020)
  • Rollins Garage Construction (Completed July 2019)
  • Lakeside Neighborhood (a 250,000-square-foot residential community) (Completion date 2021)