Education
"Investing in our children is an investment in our future. Because we help schools provide educational opportunity at a lower cost, we provide benefit to all of Illinois."
From pre-school to post-grad, IFA can help schools succeed by offering lower cost borrowing options for new facilities, renovations and expansions, and to help school districts better manage cash flows and reduce operating costs.
An experienced staff and low interest financing means added value to your agency and savings you can direct to educational goals.
Learn more about short and long-term borrowing options
Latest News
Events:
IFA's Townsend Albright led a session on financing green buildings at the Sustainable University Symposium. Click below to learn more...
School Districts:
New High School Coming to Waterloo
A $35,000,000 bond issued through the IFA is allowing for educational expansion in Waterloo.
Learn more...
Jump in our Pool
By "pooling" borrowing needs of school districts, a lower cost of issuance per
participant and a lower rate of interest can be achieved.
Learn more...
- Pooled TAWs program for short-term cash flow needs
- Pooled bond program for longer-term financing
Innovative program helps charter schools grow...
Education Financings Around the State
- DePaul University, Chicago - $104.56 million, refunding
- Batavia Unit SD #101 - $8.29 million, tax anticipation warrant program
- Beach Park Community Consolidated SD #3, $500,000 tax anticipation warrant program
- Grand Ridge Community Consolidated SD #95 #95 - $365,000 tax anticipation warrant program
- Nippersink SD #2, Richmond - $2 million, tax anticipation warrant program
- Illinois College, Jacksonville - $15 million, to refund debt
- Robert Morris College, Chicago, Orland Park, Peoria, and Springfield - $11.6 million, to expand campus facilities
- Rogers Park Montessori School, Chicago - $11.7 million, to build a new school
- Loyola University, Chicago - $58.8 million, for a new life sciences building
- Sauk Valley Community College - $7.1 million, for student housing
Find out how IFA can help with your next education facility financing project. Contact a Funding Manager in your region.