July 15, 2022
$19,000,000
WHEFA Bond Financing Helps UW-Platteville Real Estate Foundation Refinance in Platteville
Bonds Placed with MidWestOne Bank
“This refinancing allowed the UW-Platteville Real Estate Foundation to reduce our annual debt service which will enable us to better serve the UW-Platteville Foundation and the students at the University. WHEFA and our refinancing partners made the process smooth and fit into our schedule. This is our second successful venture with WHEFA.”
– Bill Kloster, Executive Director
UW – Platteville Real Estate Foundation, Inc.
The Foundation employs 9 FTE and provides space for 1040 students in two buildings.
Bond financing facilitated by WHEFA was used to help the UW-Platteville Real Estate Foundation (the “Foundation”) refinance certain indebtedness. This tax-exempt financing process has enabled the Foundation 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.
