Illinois Finance Authority: Participation Loan Program

500 East Monroe • 3rd Floor • Springfield, IL 62701

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.

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The City of Jacksonville is located in west central Illinois, 35 miles west of Springfield, the state capital. It is the county seat of Morgan County and one of the oldest towns in the Land of Lincoln, founded in 1825. Jacksonville was established by Yankee settlers from New England, who laid out farms, constructed roads, erected government buildings, and established post routes. They were part of a wave of European/American farmers who headed west into what was then the wilds of the Northwest Territory, during the early 1800s. Download Here!