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Wisconsin Illinois Senior Housing

$54,866,000 Refinancing and Renovation August 30, 2018
$ 5,415,000 Acquisition April 30, 2019

“For the past 20 years, WHEFA has been an integral partner to
WISH, enabling it to grow from a single facility in Illinois to an
organization of 20 licensed facilities (19 in Wisconsin) and 2
Medicare certified home health agencies in Wisconsin. WHEFA’s
willingness to provide this tax-exempt financing vehicle has

allowed the Board of WISH to maintain and enhance its mission to
serve the elderly population in rural areas of Wisconsin and
▪ 897 FTE’s in Wisconsin ▪ allocate scarce resources to care and services for those it serves.”

- Robert Siebel, President
Carriage Healthcare Companies, Inc.
as Managers for Wisconsin Illinois Senior Housing, Inc.

FIRST TIME PHW Oconomowoc
WHEFA
$46,225,000 Acquisition, Construction and Equipping September 27, 2018
BORROWER
“Having access to tax-exempt financing is very important to our
Organization as it helps keep our communities and grounds
looking beautiful and our rents and services as affordable as
possible for seniors.”

- Mark Meyer, Chief Financial Officer
Presbyterian Homes & Services
45 Jobs Created ▪ 100 Construction Jobs Created

40 Years of WHEFA History

1990's 1994 1995

WHEFA introduces its

WHEFA Celebrates 15 Years financing alternatives program
through which borrowers can
Cumulative Activity - solicit multiple financing
231 Financings Totaling Over $3.38 Billion proposals.

1999

WHEFA 2019 Annual Report 17