IFA Announcements
Stay informed with important announcements, upcoming meetings, employment opportunities, operational update, and other news.
Public Comment Rules for Board Meetings
Rules for registering and delivering public comments at Board meetings.
We’re Hiring!
Assistant Accounting Manager
Interested and qualified candidates should submit their resume, cover letter, and 3 references to: hr@il-fa.com by Friday May 8, 2026
Financing Economic Development with a Climate and Sustainability Focus
The Illinois Finance Authority is a nationally recognized issuer in the tax‑exempt municipal bond market. IFA issues tax-exempt private activity bonds to facilitate the funding of eligible projects by borrowers that create long-term economic value in communities across Illinois.
IFA also issues tax-exempt bonds on behalf of the Illinois Environmental Protection Agency’s State Revolving Fund Programs, and pursuant to the Climate and Equitable Jobs Act of 2021, IFA was designated as the Climate Bank of the State. IFA does not issue State tax-supported bonds to finance sports facilities, but such commercial real property may qualify for commercial property assessed clean energy financing by IFA.
Financing Programs & Services
The Illinois Finance Authority offers a variety of services that help individuals, businesses, and communities access affordable capital for economic development, clean energy, and infrastructure projects across Illinois.
Private Activity Bonds
IFA provides 501(c)(3) organizations and other borrowers with low‑interest, tax-exempt bond financing to fund or refinance qualified capital projects across Illinois.
Private Activity Bonds (Farmers)
IFA provides first-time farmers with low‑interest, tax-exempt bond financing to fund their initial purchase of farmland and farm equipment in Illinois.
Commercial PACE Bonds
IFA provides property owners and developers with low‑cost Commercial PACE financing to fund energy efficiency, renewable energy, and resiliency improvements on eligible commercial and multi-family properties in Illinois.
Clean Water Initiative SRF Bonds
IFA provides low‑interest, tax-exempt financing to Illinois local governments for drinking water, wastewater, and sanitation infrastructure projects through its Clean Water Initiative.
Climate Bank Programs
The Illinois Climate Bank leverages state and federal funds to provide clean energy financing and incentives that help Illinois residents, businesses, communities, and nonprofits adopt equitable clean energy and climate solutions.
