HPI has reissued $19 million in HEARTS bonds

 
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Heartland Properties, Inc. through its Heartland Affordable Housing subsidiaries has reissued over $19 million of tax-exempt Housing Enhancement and Rehabilitation Trust Securities (HEARTS). The adjustable-rate revenue bonds provide affordable financing for seven multi-family housing developments.
HEARTS bonds combine the benefits of municipal revenue bonds with the financial strength of Alliant Energy to obtain financing at favorable interest rates for housing in Wisconsin communities. The housing developments and public authorities issuing the bonds, include:
 Gold Dot Balzer Wagon Works Apartments, Sheboygan, WI - $685,000 through the Housing Authority of the City of Sheboygan.
 Gold Dot Jung Building, Sheboygan, WI - $2,810,000 through the Housing Authority of the City of Sheboygan.
 Gold Dot 8th Street Lofts, Sheboygan, WI - $1,285,000 through the Housing Authority of the City of Sheboygan.
 Gold Dot Vandenburg Heights, Sun Prairie, WI - $2,535,000 through the Dane County Housing Authority.
 Gold Dot Cottages Apartments, McFarland, WI - $2,620,000 through the Dane County Housing Authority.
 Gold Dot Lawton Foundry Apartments, DePere, WI - $3,900,000 through the Housing Authority of Brown County.
 Gold Dot The Fox Mills (Mills II) Apartments, Appleton, WI - $5,245,000 through the Housing Authority of the City of Appleton.
For additional information on the HEARTS bond program contact Mike Smieja, Director-Real Estate Finance, at 608-458-2330 or mikesmieja@alliantenergy.com.

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