September 8, 2022
WHEFA Bond Financing Helps Carthage College Construct & Renovate in Kenosha
“Carthage is a not-for-profit organization that educates students for participation in a democratic society and in the workforce. Our education enables them to master the practical knowledge, practical skills, and soft skills they need to thrive in society and in their work. The region, state government, and the nation benefit as a result.”
– David Timmerman, Provost
Bond financing facilitated by WHEFA was used to help Carthage College construct a new campus maintenance building to make room for a new engineering department in vacated maintenance space within an existing academic building, as well as complete renovations to its softball field and certain HVAC units on the campus. This tax-exempt financing process has enabled the Carthage College to operate more effectively by financing its capital expenses at a low interest rate.
WHEFA is proud to continue its mission of assisting all eligible Wisconsin nonprofit institutions to obtain and maintain access to tax-exempt financing in order to finance their capital improvement and expansion needs.