August 12, 2021
$11,700,000
WHEFA Bond Financing Helps Woodside Senior Communities
Refinance in Green Bay
Bonds placed with BMO Harris Investment Company, LLC
“Partnering with WHEFA to achieve our refinancing goals was a wonderful experience. In doing so Woodside will maintain a strong financial foundation to continue to serve Green Bay Area seniors for years to come.”
– Nicole Boldt, Director of Finance
Woodside Senior Communities
Bay Area Lutheran Homes, Inc. employs approximately 200 full-time equivalents in Wisconsin.
Bond financing facilitated by WHEFA was used to help Bay Area Lutheran Homes, Inc. refinance bonds previously issued by WHEFA in 2014. This tax-exempt financing process has enabled Bay Area Lutheran Homes 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.
