The Illinois Finance Authority (IFA) is a nationally recognized conduit issuer in the tax-exempt financing market and the commercial property assessed clean energy financing market. They facilitate the funding of eligible projects by issuing tax-exempt qualified private activity bonds and property assessed clean energy bonds or notes, creating long-term economic value in communities throughout Illinois.
Designated as the Climate Bank of the State, IFA actively pursues federal resources to combat climate change through finance. They also issue tax-exempt bonds on behalf of the Illinois Environmental Protection Agency's State Revolving Fund Programs. With over $24 billion in private activity bonds outstanding, IFA plays a crucial role in financing economic development with a climate and sustainability focus.
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