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.
Learn more... - 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.
Learn more... - TAWs for units of local government, too. This pool is open
to counties, townships and municipalities, as well as school, fire protection,
sanitary, park, library and other special purpose districts, too.
Share the cost, share the savings!
Learn more...
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
Communities Financings Around the State
- YMCA of Southwest Illinois, Belleville, Monroe County, City of O'Fallon, City of Maryville - to construct and renovate facilities for a rapidly growing area
- Harris Theater for Music and Dance, Chicago - to restructure debt
- Valley View Apartments, - to build housing for the elderly
- City of Metropolis - for an electric substation, water/sewer lines, and a fire station to support the riverfront district of the city
- City of Sparta - for infrastructure to support the World Shooting Complex
- Springfield Center for Independent Living, Springfield - to support persons with disabilities
- Kohl's Children's Museum, Glenview - to expand facilities
- Kishwaukee Family YMCA, Sycamore - to support growing capacity
- Hispanic Housing Development Corp, Chicago - to build a new facility
- Village of Norris City, Village of Williamsville, City of Farmington - for water/sewer improvements
