WHEFA

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
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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.

Closed Projects

  • Lawrence University
  • Bellin Health
  • United Lutheran Program for the Aging
  • Gunderson Health
  • Eau Claire Community Complex
  • Benevolent Cedar Community
  • Mile Bluff Medical Center
  • Saint John’s Communities
  • Carthage College
  • UW-Platteville Real Estate Foundation
  • Milwaukee Regional Medical Center
  • Froedtert Health
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