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Touching Lives...All Over Illinois

“We help finance initiatives throughout Illinois that stimulate the economy, create jobs and make a better Illinois for all.”

The Illinois Finance Authority (IFA) is a self-financed, state authority principally engaged in issuing taxable and tax-exempt bonds, making loans, and investing capital for businesses, non-profit corporations, agriculture and local government units statewide.

IFA approves about $3 billion in project financing each year. Since its formation in 2004, IFA has approved 780 projects and funded nearly $11 billion in capital projects to support growth initiatives thoughout Illinois — initiatives that create and keep jobs, stimulate the economy and improve quality of life.

Bring us your ideas. We think you’ll find…A little help from IFA goes a long way.

Learn more about the IFA

 
     

Latest News

IFA Exec. Director Hubbard to Return to Private Sector
Read press release

Resolution: Executive Director Successor

Resolution: Commending Executive Director Kym M. Hubbard

William A. Brandt, Jr., named IFA Chairman
Read press release

IFA Recognized at C-FAR 2008 Annual Meeting
The Illinois Finance Authority was recently recognized as an Illinois Council on Food and Agricultural Research (C-FAR) Ten- to Thirteen- Year Affiliate Member.
Click here for photo

"Approved Ag Lender" Recognition Program Launched
Across the state, IFA is recognizing its Approved Ag Lenders for the important role they play in implementing IFA's financing programs for agriculture. Gifford State Bank was recently recognized.
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Private Colleges & Universities...
Check out this unique opportunity for short-term, low-cost borrowing! learn more

1985 Pooled Funds Available for Reimbursement of Capital Expenditures for Rated Hospitals
IFA can provide qualified Illinois Hospitals with access to capital financing at a low borrowing cost. The 1985 Revolving Fund Pooled Financing Program has approximately $40 million available for reimbursement of capital expenditures.
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Investing Bond Proceeds
IFA partners with PFM to offer this comprehensive investment management and arbitrage rebate compliance program... read more

2007 IFA Healthcare Initiative to focus on public offerings for Critical Access Hospitals...
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IFA Pooled Bond Program lets small governments borrow like the big guys... read more

Innovative program helps charter schools grow... read more

Illinois Venture Capital Association speaks with IFA about investing in start-ups...
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Upcoming Events

IFA Funding Managers participate in a variety of educational events.
Click here for more details and registration information.



IFA Ag Lender of the Year Award

Nominate yourself or your favorite Ag Lender! Applications are due by June 30th. To learn more about this award, click here



Meet your IFA Team

IFA staff 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.
contact us



IFA was created…
... by consolidating services previously provided by these authorities.

• Illinois Development Finance Authority
• Illinois Farm Development Authority
• Illinois Health Facilities Authority
• Illinois Educational Facilities Authority
• Illinois Rural Bond Bank
• Illinois Community Development Finance Corporation
• Illinois Research Park Authority

 
 

IFA Overview
Since Jan 2004...

• 796 projects approved
• 643 projects completed
• $11.7 billion in projects financed*
• 9,967 permanent jobs created*
• 24,148 new construction jobs*
... as of December 2007

* based on projects closed.


Find out how we can help you.
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