September 15, 2022
$25,945,000
WHEFA Bond Financing Helps Saint John’s Communities, Inc. Refinance in Milwaukee
“WHEFA continues to provide innovative solutions to help manage the cost of capital. Use of a forward delivery mechanism allowed us to lock while rates were low generating significant savings, a real win especially as labor and other costs continue to rise.”
– 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 2012 and 2015. 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.