Executive Director Larry Wiemer said Thursday that the authority was not aware the city had rejected the deal. Get a daily rundown of the Milwaukee storiesThe Public Finance Authority requires local approval, but WHEFA has no such requirement. WHEFA is a state-created financing authority that provides tax-exempt financing for eligible nonprofit organizations. That provided Bedford with another route after the city blocked the Public Finance Authority financing. Its approval was necessary, however, for the Public Finance Authority financing structure the developers originally pursued.