The Illinois Finance Authority (IFA) is pleased to announce the launch of a pilot loan program to finance agricultural facilities, including grain storage facilities, and related equipment. IFA will participate in portions of loans by private lenders. By reducing the lender’s capital commitment and sharing lending risk, the program can help make financing more accessible […]
Category: Press Releases
The Illinois Finance Authority is pleased to announce the release of a new press update highlighting the City of Springfield’s final electric vehicle (EV) charging station installation funded through the federal Charging and Fueling Infrastructure (CFI) Grant Program.
The Illinois Finance Authority (IFA) is proud to play a role in creating a future-ready economy in Illinois. IFA is excited to announce this work was recognized at the 2025 Startup Ecosystem Stars Awards in Paris, hosted by the International Chamber of Commerce and Mind the Bridge. The Illinois Department of Commerce and Economic Opportunity […]
The Illinois Finance Authority (IFA) is pleased to announce the recent successful closing on a $15 million loan to Pasqal, a French company and leader in quantum computing. Pasqal will establish their U.S. headquarters as a future tenant of the Illinois Quantum and Microelectronics Park (IQMP) on Chicago’s South Side. With support from the State’s […]