Division of Budget & Finance

The Illinois Finance Authority (IFA) is a leading issuer of private activity bonds (PABs) in the United States, with over $24 billion in outstanding bonds. Through PABs, the IFA enables various charitable organizations, educational institutions, museums, and housing providers to finance their capital infrastructure projects at favorable interest rates and longer maturities, fostering long-term economic growth in communities across Illinois. Additionally, the IFA is actively engaged in pursuing federal resources to combat climate change through finance, as evidenced by its Illinois Climate Bank program. As the Climate Bank, the IFA is dedicated to leveraging federal resources to address climate change through financial initiatives. In addition to its focus on climate-related financing, the IFA also offers the Commercial Property Assessed Clean Energy (C-PACE) program, which provides financing options for commercial real properties seeking to implement clean energy solutions. With a commitment to supporting business and community growth, the IFA plays a vital role in driving economic development and sustainability in Illinois.Generated from the website

The Illinois Finance Authority (IFA) is a government agency based in Springfield, IL, dedicated to promoting economic development and providing financial assistance to various sectors, including agriculture, business, education, healthcare, and more. With a focus on clean energy initiatives, the IFA manages programs such as the Illinois Climate Bank, which recently received a significant federal funding award of $14.9 million for charging and fueling infrastructure projects. Through its diverse range of programs and partnerships, the IFA plays a crucial role in supporting the growth and sustainability of Illinois' economy, facilitating access to capital, and fostering innovation in key industries. With offices in Chicago and Mt. Vernon, the IFA serves as a vital resource for businesses and organizations seeking financial assistance and guidance to drive economic development and create opportunities for the state's residents.Generated from the website

The State of Illinois State Treasurer's office is located in Springfield Illinois. This office is responsible for managing the state's finances including overseeing investments cash management and the administration of various financial programs. It plays a crucial role in ensuring the fiscal health of Illinois and serves as a resource for financial information and services to the public. Generated from this place's information