Coker College Builds New Dormitory With JEDA Bond Financing
Hartsville, SC — Darlington County
Coker College is using $2.4 million in bond financing through the South Carolina Jobs-Economic Development Authority (JEDA) to build a new dormitory on the Hartsville campus.
The Series 2015 tax-exempt revenue bonds will be used to build a 21,071-square-foot residence hall that will accommodate enrollment growth while helping to retain 180 jobs at the 1,250-student school.
“The opportunity to leverage low rates and favorable terms to pay for our new dorm will help Coker College move forward with more students and even better facilities. We’re truly excited.”
– Tony Floyd, Vice President of Administration & Legal Counsel
“Coker College has been an integral part of the higher education community in South Carolina for many years. We’re so pleased to be able to help this fine institution grow,” says Kathy McKinney, Bond Counsel with Haynsworth Sinkler Boyd, P.A., in Greenville.
“It’s an honor for us to have a role in helping Coker College economically finance its expansion plans,” says Harry A. Huntley, CPA, Executive Director of JEDA in Columbia.
