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Illinois

State Fact Sheet

Illinois State Fact Sheet

Map of Selected Projects in Illinois

Community Testimonials

“We are appreciative of IFF’s support in helping Chicago Commons during Illinois’ unprecedented budget crisis. While our organization has been financially sound and healthy for many years, the past year has called for us to think creatively to weather the financial storm. Partnering with IFF allowed us to keep our doors open without balancing the budget on the backs of our participants, who depend on us every day for early education, family services, and senior care programming.”

-Edgar Ramirez, CEO Chicago Commons, on receiving NMTC financing

Selected Projects in Illinois

2018

Rockford, IL | 17th District

Rockford City Market

SCORE
The revitalization of downtown Rockford took another step forward with the rehabilitation of the indoor City Market at a…
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2014

Joliet, IL | 14th District

One Hope United Joliet

SCORE
The transformation of a vacant elementary school located on a federally designated brownfield site in a low-income community in…
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2014

Franklin Park, IL | 4th District

Olympia Foods

SCORE
The renovation of a vacant 125,000 sq. ft. industrial facility previously used by a food manufacturer that halted operations…
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Senator Durbin Visits Center @501

Senator Durbin (D-IL) was on hand for a ribbon-cutting at Center @501 June 28th. The project, a partnership among the Economic Growth Corporation of Rock Island, Greater Springfield Chamber of Commerce and The Springfield Project affordable housing program, took several years to come together. It was funded through a combination of historic tax credits, new market tax credits, state donation tax credits, $985,000 in tax increment financing from the city of Springfield and taking on about $4.4 million in borrowing. “I’ve been doing this for about 20 years, and this is probably one of the toughest ones I’ve done,”
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