March 31, 2022

$22,460,624

WHEFA Bond Financing Helps Wisconsin Illinois Senior Housing, Inc. Refinance

Bonds Placed with BMO Harris Bank N.A.

“WISH specializes in serving the seniors in small, rural, underserved areas and we are often the largest private employer in the community.  This financing allows WISH the ability to continue to serve those communities by giving us an affordable rate of interest and be able to redirect those savings to the care and comfort of those we serve.”
 – Robert Siebel, President
   Carriage Healthcare Companies, Inc. as Managers
for Wisconsin Illinois Senior Housing, Inc.

Bond financing facilitated by WHEFA will be used refinance certain bonds previously issued by WHEFA in 2018 and 2019.  This tax-exempt financing process has enabled WISH to operate more effectively by refinancing 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 or refinance their capital improvement and expansion needs.