TITLE 74: PUBLIC FINANCE
CHAPTER VIII: ILLINOIS FINANCE AUTHORITY
PART 1100 ILLINOIS FINANCE AUTHORITY
SECTION 1100.200 SUMMARY AND PURPOSE


 

Section 1100.200  Summary and Purpose

 

The Authority operates several loan programs utilizing revenue bonds and available program capital.  Some or all of these programs are available to businesses, local government, and not-for-profit institutions.  The purpose of the Authority is to utilize its statutory powers to increase jobs, retain existing jobs, assist local government in accessing affordable financing, facilitate capital financing of businesses and other eligible organizations and generally to strengthen the economy and infastructure of the State.  This Subpart describes the policies of the Authority governing access to its programs. 

 

(Source:  Recodified from 14 Ill. Adm. Code 1220.100 at 31 Ill. Reg. 12104)