Short and Long-Term Borrowing Options
IFA can provide borrowing assistance to school districts, community colleges and universities – both public and private. Listed below are areas targeted to the education needs in Illinois:
-
Alternate Revenue Bonds/Revenue Bonds/General Obligation Bonds
- New building construction, renovation, or expansion
- Building renovations for specific areas, such as accessibility, energy conservation, or air quality improvements
- Health/Life Safety Bonds
- Working Cash Bonds
- Refunding
- Loan Program for Equipment and Technology
- Lease Financing Arrangements
- Land Acquisition Financing
- Matching fund loans for Federal and State Grants (such as the state's School Construction Program and School Maintenance Grant Program)
- Pooled Tax Anticipation Warrant Program
To put IFA’s experience on your team, contact a Funding Manager at your local IFA office.
- Chicago office: 312.651.1300
- Springfield office: 217.782.5792
- Peoria office: 309.495.5959
- Carbondale office: 618.453.5566