October 20, 2021

$102,560,000

WHEFA Bond Financing Helps Saint John’s Communities, Inc. Refinance in Milwaukee

Series 2021A Bonds purchased by BMO Harris Investment Company LLC
Series 2021B Bonds underwritten by Piper Sandler & Co.

“We feel fortunate to partner with WHEFA. Access to tax exempt financing allows us to continue exceptional service to our residents and provide our employees with wages and benefits befitting the important work they perform.”
 –  Renee Anderson, President
    Saint John’s Communities, Inc.

 

 

Bond financing facilitated by WHEFA was used to help Saint John’s Communities refinance certain bonds previously issued by WHEFA in 2015 and 2018.  This tax-exempt financing process has enabled Saint John’s Communities to operate more effectively by refinancing its capital expenses at low interest rates.

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 or refinance their capital improvement and expansion needs.