illinois.gov
Agriculture Business & Industry Education Healthcare Communities Financial Partners
WelcomeAbout IFAProductsBoard ActivitiesKey PoliciesIn Your RegionNewsContact

 

 

 

 

 

 

 

 

 

 

 

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


Call for Nominations:
Illinois Governor's Export Award 2008

Help recognize Illinois businesses for their contributions to international trade in Illinois... click here for details and nomination form.


     

Latest News

IFA appoints John Filan Executive Director
Governor Rod R. Blagojevich today announced that John Filan will serve as the new Executive Director of the Illinois Finance Authority.
Read press release.

Market Update
To keep you updated, below are links to articles and other statements relevant to the current market situation.

Click below for more information

Expanded temporary rule allowing governmental issuers to purchase their own tax-exempt bonds

Comments from IFA Financial Advisors

"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.
Click here for photo

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.
read more

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...
read more

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...
read more






 

Upcoming Events

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



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.
      Privacy Statement | Terms & Conditions
 © 2004 - 2008 Illinois Finance Authority. All Rights Reserved. info@il-fa.com / 800.717.6066 Links | Web Site by Distant Horizon