The Authority’s primary sources of program funding are proceeds from the issuance of taxable and tax-exempt bonds and notes and funds that are in excess of required reserves. For all of its programs, WHEDA had issued, through July 1, 2000, approximately $5.3 billion in bonds and some notes, of which $2.2 billion were outstanding. The annual volume of WHEDA-issued debt is summarized in Table 2. |