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
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