Archived News

Resolution No.: 2008-10-26

Resolution to Continue the Successor and Successor Duties of the Executive Director... more

Bonhoff named Outstanding Ag Lender

Illinois Finance Authority honors Brian Bonhoff, Vice President of Peoples State Bank, Newton... more

Illinois Finance Authority's Executive Director to Return to Private Sector

On July 8, 2008, Executive Director Hubbard announced her resignation effective July 15, 2008... more

Resolution: Executive Director Successor

$19.8 million in State support for Danville biodiesel plant will save hundreds of jobs

Governorӳ Office reaffirms its commitment of financial assistance, guaranteed by the state through the Illinois Finance Authority (IFA)... more

Gov. Blagojevich announces $15 million for firefighting efforts and equipment statewide

Senate Bill 775 provides resources for life saving emergency equipment and response vehicles throughout the state... more

$650 million financing approved for Children's Memorial Hospital project

Illinois Finance Authority approves $650 million in healthcare bonds, 3,000 jobs to be created... more

Illinois Finance Authority to participate in Ohmx Corporationӳ $4.6M round

$300,000 venture capital investment fuels growth and job creation for early stage, bio-diagnostics company... more

Gov. Blagojevich appoints William A. Brandt, Jr., as Chair of the Illinois Finance Authority

Mr. Brandt's appointment was unanimously confirmed by the Illinois Senate. Mr. Brandt will serve in a term that runs through January 1, 2010... more

Jel Sert Company to expand in West Chicago and create 300 new jobs

Illinois Finance Authority supports growth plans for maker of Sipahh® Wyler® and Royal® brand products... more

$5.3 million financing to help Chicago Gear expand operations, retain jobs

Long-standing Chicago Gear company to build in Kinzie Industrial Corridor; project is supported by Illinois finance Authority... more

CENTA Corporation chooses Aurora for its first U.S. manufacturing plant

German maunfacturer acquires new facility for North American operations; project supported by Illinois Finance Authority... more

$10 million financing for INX International Ink Co. to build a new plant in Homewood.

Illinois Finance Authority Issues industrial revenue bonds, helps ink manufacturer keep jobs in Illinois... more

$32.5 million financing support to create first permanent home for Chicago-based Erikson Institute

Illinois Finance Authority issues financing to build new, state-of-the-art facility for early childhood development graduate school... more

$11 million financing to expand and update facilities for adults with developmental disabilities

Search, Inc. to build new day training center in Mount Prospect and renovate program centers in northern Cook County with bonds issued by Illinois Finance Authority... more

$16 million financing to support updates and improvements at Holy Cross Hospital

Financing will help hospital to update aging facilities, expand emergency room, and reduce operating costs... more

$70 million financing for new world-class supercomputing facility at Argonne National Laboratory

Theory and Computing Sciences Building expected to house the world's fastest computer... more

Hofmeister business expansion to create, keep jobs in Chicago's Pilsen neighborhood

Illinois Finance Authority supports John Hofmeister and Sons, Inc. with $3 million in tax-exempt bond financing to expand meat processing plant, retain 60 jobs, and create 15 new jobs... more

Announcing business expansion in South Holland that will help create dozens of jobs in Chicago southern suburbs

Illinois Finance Authority supports Rupari Food Services, Inc., with $10 million in tax-exempt bond financing to expand meat processing plant and create over 170 jobs... more

Urban Innovations celebrates completion of renovations at Van Buren Place, an affordable senior living center in Chicago

Illinois Finance Authority supports project with $8 million in bond financing... more

IFA congratulates Firefly Energy, Inc. for winning a 2007 Wall Street Journal "Technology Innovation Award"

Development of Firefly Energy's innovative battery technology supported by $975,000 in equity financing from Illinois Finance Authority... more

Wiegand named Outstanding Ag Lender

Illinois Finance Authority honors Dana E. Wiegand; award donated to AgrAbility Unlimited and Eureka High School FFA club... more

Support for OSF Saint Francis Medical Center expansion in Peoria to create nearly 1,000 jobs

Illinois Finance Authority issues $460 million in bond financing to build new, state-of-the-art patient tower... more

Gov. Blagojevich creates loan program to replace ash trees destroyed by the Emerald Ash Borer

Communities eligible for low interest loans for reforestation projects... more

(SUBJECT TO APPROPRIATION)

Sedgebrook Retirement Community development in Lake County to create 1,900 jobs.

Illinois Finance Authority issues $137 million in bond financing in support of project which will create 1,000 new permanent jobs and 900 construction jobs... more

Illinois Finance Authority Listed as Top Issuer in Midwest, First Half 2007

With $1,326.1 million issued, IFA ranked the largest issuer in the Midwest region... more