Illinois Finance Authority

Chicago, IL

UEI
RBHJRALA6356
CAGE
9B7V8
Primary NAICS
921130 Public Finance Activities
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • U.S. State Government
Entity structure
U.S. Government Entity
SAM.gov registration date
Physical address
160 N La Salle St s1000, Chicago, IL 60601, USA
Website
il-fa.com
Employees
1-10
Estimated annual revenue
$0-$1M
Industry
  1. Financials
  2. Diversified Financials
  3. Diversified Financial Services
  4. Payments
SIC code
61 Nondepository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

Grant subawards

Prime recipient Prime award Amount Awarded
Elevate Energy Subject to the not-to-exceed amount set forth below, Subrecipient will be paid for its time performing the following Services (each also referred to in this… DEEE0010930 $180,694
Coalition For Green Capital The sub-recipient will utilize the funding to reduce emissions of greenhouse gases and other air pollutants; deliver benefits of greenhouse gas- and air… 84094201 $108,900,000
Illinois Environmental Protection Agency This agreement is between Illinois EPA and Illinois Finance Authority, designated as the Illinois Climate Bank, for administration of the EE RLF program. The… DEEE0010337 $15,803,588

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About the company

The Illinois Finance Authority (IFA) is a state government entity registered in the System for Award Management (SAM.gov), strategically positioned to support sustainable energy and community development initiatives across Illinois. Located in Chicago, the organization serves as a key financial intermediary that facilitates infrastructure and renewable energy projects through federal grant mechanisms. While primarily functioning as a state-level financial institution, the IFA has demonstrated significant capability in managing complex federal grant programs focused on environmental sustainability, energy resilience, and community economic development.

Through recent federal grant awards, the Illinois Finance Authority has been instrumental in executing high-impact environmental and energy transformation projects. The organization received a $156,120,000 Environmental Protection Agency grant under the Greenhouse Gas Reduction Fund to deploy residential solar energy and storage projects in low-income and disadvantaged communities, with specific objectives including household savings, community ownership, and energy resilience. Additionally, the IFA secured a Department of Energy grid resilience formula grant and entered into a sub-grant agreement with the Illinois Environmental Protection Agency to establish a sustainable energy efficiency revolving loan fund. These grants, spanning from 2023 to 2032, demonstrate the IFA's commitment to administering federal funding for climate adaptation, renewable energy infrastructure, and equitable community investment strategies, with a particular emphasis on supporting underserved populations through targeted financial and technical assistance programs.

Quick answers

Is Illinois Finance Authority registered in SAM.gov?

Yes. Illinois Finance Authority's SAM.gov registration is active through February 5, 2027.

What is Illinois Finance Authority's most recent federal award?

Illinois Finance Authority's most recent federal grant award is Note: a special payment condition applies to this award. This agreement provides funding under the inflation… (84090501), from Office of Grants and Debarment (EPA), on May 1, 2024.

On GovTribe

See Illinois Finance Authority's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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