The State of Illinois is investing $26 million to complete the Integrated Bioprocessing Research Lab at the University of Illinois. This investment is expected to create upwards of 20,000 jobs in the region over the next decade.

Illinois sold nearly $549 million of revenue bonds in competitive bidding effectively dodging a steep market penalty the financially struggling state has paid for its general obligation bonds.

Illinois' next big bond deal sounds like a municipal-market oxymoron: the worst-rated state in the nation is offering more than half a billion dollars of AAA debt. The $573 million of securities are secured by a stream of sales-tax revenue that's diverted to investors.

The city of Batavia is looking at a $40 million redevelopment plan for a block downtown that includes the demolition of the former First Baptist Church. They also discussed establishing a new tax increment financing district for 4.65 acres including the vacant Marathon gas station east of the church.

Presence Health has closed on a $1 billion bond sale — the largest deal of its kind in Illinois — in an effort to shore up the Catholic health system's financial fitness following large operating losses last year. The deal provides a big dose of assistance while it tries to right its operations.

The city council plans to dissolve the Revolving Loan Fund and use the funds toward replacing the Lift Station 14 sewer force main.

Join CDFA in New Orleans, Louisiana for the 2016 National Development Finance Summit! Hosted by the Louisiana Public Facilities Authority (LPFA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.

>>> SEARCH HEADLINES   

Venue Sponsor

Annual Roundtable Sponsor

Conference Premium Sponsor

Conference Supporting Sponsor