IFA Recognized at C-FAR 2008 Annual Meeting

The Illinois Finance Authority was recently recognized as an Illinois Council on Food and Agricultural Research (C-FAR) Ten- to Thirteen- Year Affiliate Member.
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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.
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• 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

Recent Financings

• 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

Nonprofits Learn How to Fill Funding Gaps
A recent conference, co-sponsored by IFA, detailed financing alternatives to help manage downturns in funding resources. Topics covered cash flow, social-enterprise and real-estate financing programs; case studies explained tax-exempt strategies that work. Learn more...