Communities

IFA infusions of capital lead to many good benefits for Illinois residents. Low-interest financing for units of local government, cultural and community services, and not-for-profit organizations help provide parks and schools, fire trucks and water supply and a wide range of community services that provide for the needs of our citizens.

Now for Local Governments in Every County

  • IFA bond programs for local government offer low interest rates, double tax exemption, and in some cases, backing by the moral obligation of the state.
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  • IFA's Pooled Bond Program reduces borrowing costs because other borrowers share the costs. IFA works with you to accommodate your financing schedule and to arrange terms that meet your needs.
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Who Can Borrow?

  • Cities, villages, towns or townships of any size, in any county
  • School districts
  • Fire protection districts
  • County governments
  • Community colleges
  • Library districts
  • Park districts
  • Water and sewer districts
  • Special purpose districts
  • Public building commissions
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