December 28, 2017
WHEFA Bond Financing Helps Attic Angel Place, Inc. Refinance in Madison
Bonds Placed with TCF Investments Management, Inc.
“Security is an important aspect of our care – physical, emotional and financial. This tax-exempt financing provides incredible security and peace of mind for our residents.”
– Mary Ann Drescher, President Attic Angel Association
Bond financing facilitated by WHEFA was used to help Attic Angel Place, Inc. refinance bonds previously issued by WHEFA in 2012. This federally tax-exempt financing process has enabled Attic Angel Place, Inc. to operate more effectively by refinancing its capital expenses at a low, long-term interest rate (3.49%).
WHEFA is proud to have been able to assist Attic Angel Place, Inc., reduce their overall debt service by providing access to low-cost private capital.