IFA Statewide Rural Development Initiative

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Investing Bond Proceeds?

IFA partners with PFM to offer this comprehensive investment management and arbitrage rebate compliance program
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Healthcare

"Our goal is to help provide high quality health care at the lowest cost by offering an alternative source of capital financing to health care providers, regardless of size or geographic location."

IFA has products and programs to assist a wide range of healthcare facilities in Illinois – hospitals, nursing homes, life care retirement communities for the elderly, medical schools, and community providers of residential and rehabilitation services for persons who are mentally ill, developmentally disabled or alcohol or substance abusers.

Put IFA’s experience on your team for capital project and fixed asset financings, including tax-exempt bonds, loans and equipment financing.

Latest News

1985 Pooled Funds Available for Reimbursement of Capital Expenditures for Rated Hospitals

Through the 1985 Revolving Fund Pooled Financing Program, $40 million is now available to qualified Illinois Hospitals for reimbursement of capital expenditures. E-mail Pam Lenane to find out if you qualify.
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Kewanee Hospital Expands with IFA Healthcare Initiative Financing

Illinois Finance Authority joins with Pine Creek Healthcare Capital and Illinois Critical Access Hospital Network to congratulate Kewanee Hospital on their $32,205,000 financing. This is the first financing of a replacement Critical Access Hospital in the State of Illinois.

Small Hospital Program Adds More Options

IFA and the Illinois Critical Access Hospital Network (ICAHN) announce expanded financing options within the IFA Healthcare Initiative. The Healthcare Initiative was developed for small to mid-sized rural and urban hospitals who traditionally have not had access to low cost tax-exempt capital. The 2007 Action: Public Offering for Critical Access Hospitals (CAH's)...
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Meet Your Healthcare Team

IFA's healthcare team offers extensive expertise in market segments and financing structures. They help identify critical market needs and assist with client projects where affordable access to capital makes the difference in financial feasibility.
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Send an email to the Healthcare Team

Healthcare Financings Around the State

  • Riverside Health System – $76,625,000
  • Loyola University Medical Center – $160,145,000
  • Elmhurst Memorial Hospital – $47,000,000
  • Montgomery Place – $40,850,000
  • Tabor Hills – $20,385,000
  • Midwest Regional Hospital Center – $45,485,000
  • City of Sterling/CGH Medical Center – $15,080,000

Find out how IFA can help with your next healthcare financing project. Contact the IFA Healthcare Team or a Funding Manager in your region.

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