May 31, 2017
WHEFA Bond Financing Helps Odd Fellow Rebekah Home Association Inc. construct and refinance in Green Bay and Allouez
Bonds Underwritten by Northland Securities, Inc.
“Working with my WHEFA TEAM has been an amazing learning experience! All involved were so patient with my lack of knowledge of the WHEFA Bond process. Tax-exempt financing has allowed Odd Fellow Home to provide a newly renovated safe environment for our residents to enjoy for years to come. Thank you!”
— Charlene Everett, CEO
Odd Fellow Rebekah Home Association Inc.
Bond financing facilitated by WHEFA will be used to help Odd Fellow Rebekah Home Association Inc. finance costs associated with the renovating, constructing, improving and equipping of a complete remodel and rebuild of the existing nursing home. Proceeds of the bond financing were also used to refinance bonds previously issued by WHEFA in 2010. This federally tax-exempt financing process has enabled Odd Fellow to operate more effectively by financing its capital expenses at lower interest rates (2.50-5.25%).
WHEFA is proud to have been able to assist Odd Fellow Rebekah Home Association Inc. reduce their overall debt service by providing access to low-cost private capital.