• facebook
  • twitter
  • sign up today!

Illinois Finance Authority

State finance authority moves to assist Chicago optometry school

The Illinois Finance Authority Board approved on Tuesday the refinancing of $42 million in loans for the Illinois College of Optometry’s 366,000-square-foot campus on Chicago’s Near South Side.

State to help finance medical school for undocumented immigrants

The Illinois Finance Authority board passed a measure on Tuesday that will enable some undocumented immigrants to procure loans to attend dental and medical school in Illinois in exchange for practicing in underserved areas in the state following their residencies.

Finance authority clears bonds for new rehab hospital, Chicago foster care home

The Illinois Finance Authority on Wednesday approved the issuance of a $450 million bond that will enable the Rehabilitation Institute of Chicago to build a new main hospital in the River North neighborhood.

State finance authority head makes case for muni bonds’ tax-exempt status

With the federal government considering a sweeping overhaul of the tax code, the Illinois government and Cook County Board are waging a preemptive strike against Washington potentially ending the tax-exempt status of municipal bonds.

IFA board approves bond issuances for RIC, Kankakee health system

The Illinois Finance Authority green-lit $485 million in bond issuances to benefit regional projects on Tuesday.

The Rehabilitation Institute of Chicago and the Kankakee-based Riverside Health System were the recipients of two preliminary bonds expected to help create 405 jobs. Both institutions are currently engaged in capital construction projects.