Illinois Finance Authority: Participation Loan Program

500 East Monroe • 3rd Floor • Springfield, IL 62701
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Illinois Finance Authority: Participation Loan Program's Image

The Illinois Finance Authority is one of the largest issuers of private activity bonds in the nation.  Private activity bonds (PABs or federally tax-exempt conduit infrastructure bonds) enable the following types of charities and 501(c)(3) organizations to finance their capital infrastructure projects at generally lower interest rates and longer maturities – and to create long-term economic value for communities throughout Illinois.