WSHFC partners with BondLink to bolster transparency and engage potential investors
(SEATTLE, WA August 29, 2023) — The Washington State Housing Finance Commission (WSHFC) is pleased to announce the launch of WSHFCbonds.bondlink.com, a new investor relations website focused on its single-family bonds.
Developed in collaboration with BondLink, the website aims to provide the community, existing bondholders, and prospective investors with convenient access to comprehensive financial insights concerning the Commission’s single-family debt program.
The website’s introduction coincides with preparations for a forthcoming single-family bond issuance. These funds will play a pivotal role in supporting the Commission’s affordable home loans for low- and moderate-income families across the state of Washington.
“We take pride in our mission-driven work to make housing more accessible to our citizens,” said Fenice Taylor, Senior Finance Director. “This level of transparency, and ease of communicating with investors, that we’re now able to achieve with BondLink will undoubtedly help us direct capital toward our home-loan programs even more effectively.”
The new, focused website will allow WSHFC to centralize investor access to financial information and documentation relating to its single-family bond financing programs. BondLink successfully collaborates with other housing agencies across the country, including Illinois Housing Development Authority, DC Housing Finance Agency, and Texas Department of Housing and Community Affairs, in addition to surrounding municipalities like King County, WA and the State of Oregon.
Colin MacNaught, CEO and Co-founder of BondLink, expressed enthusiasm about the partnership, stating, "It’s so rewarding to see a finance team like the Commission’s recognize the impact that coordinated, structured investor engagement can have on their bond programs. We’re really proud to power their transparency initiatives and look forward to supporting them every way we can moving forward.”
For additional information regarding WSHFC's new single-family investor relations website and updates regarding the upcoming single-family bond issuance, please visit WSHFCbonds.bondlink.com.
About Washington State Housing Finance Commission
The Washington State Housing Finance Commission is a publicly accountable, self-supporting team, dedicated to increasing housing access and affordability and to expanding the availability of quality community services for the people of Washington. The Washington State Housing Finance Commission (the Commission, WSHFC) was created in 1983 by the legislature of the State of Washington (the State) to “act as a financial conduit which, without using public funds or lending the credit of the state or local government, can issue nonrecourse revenue bonds and participate in federal, state, and local housing programs thereby making additional funds available at affordable rates to help provide housing throughout the state.” The state legislature later authorized the Commission to issue bonds to finance or refinance nursing homes and capital facilities owned and operated by nonprofit corporations, beginning farmers/ranchers, sustainable energy and energy efficiency retrofit programs.
BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, helps issuers engage more bond investors through transparency and actionable insights. Founded by CEO Colin MacNaught, who spent seven years issuing nearly $25 billion in bonds on behalf of the Commonwealth of Massachusetts, and CTO Carl Query, BondLink went live in 2016. BondLink clients issued more than $48 billion in bonds in 2022. BondLink provides its issuer clients with tools to manage their capital financing programs more efficiently while providing investors with the interim financial reports and data they need to close information gaps and make informed decisions through a single platform. The company is backed by top investors within the municipal bond market, including Intercontinental Exchange and Franklin Templeton. Headquartered in Boston, BondLink was recently named to the 2023 GovTech 100, marking its fifth consecutive appearance on the annual list.
BondLink Contact Information:
Director of Marketing