PRESS RELEASE March 31, 2017 Champaign, IL – The Federal Reserve recently lifted its fed funds rate another quarter point for the second time in just four months. Simply put, this determines the interest rate at which banks can borrow…
EIEDA Launches New Website
The Eastern Illinois Economic Development Authority launched a new web page that includes information on their products and services, important links and much more
EIEDA Issues $11,500,000 Bond for Edens Supportive Living Project
June 29, 2012 The Eastern Illinois Economic Development Authority (EIEDA) issued a $11,500,000 double tax-exempt bond for the construction of a 150 unit assisted living and supportive living complex. on State Street bordering West Side Park. The development included the…
EIEDA helps District build new Booker T. Washington School in Champaign
For Release on June 1, 2012 The Champaign Community Unit School District Number 4 issued $86.7 million in bonds to build the new 59,000 square foot Booker T. Washington Elementary School building on the north side of Champaign. Funds were…
Vermillion Advantage Introduces New Bond Financing Tool
March 7, 2008 Vermillion Advantage hosted a luncheon on March 7, 2008 announcing the Eastern Illinois Economic Development Authority (EIEDA). The Authority was created on July 13, 2005 by Public Act 94-0203. The Authority provides a powerful new financing tool…
HB 690 promises economic growth
Editorial BoardJuly 18, 2005At issueThe governor recently passed House Bill 690, creating the Eastern Illinois Economic Development Authority, which helps Coles County and nine others to promote economic development.Our stanceThe House Bill was a good move on the Governor’s part,…
Governor signs legislation creating important economic development tool for Eastern Illinois
FOR IMMEDIATE RELEASEJuly 13, 2005SPRINGFIELD – In an innovative attempt to spur economic growth and create more good jobs for working families in Eastern Illinois, Gov. Rod R. Blagojevich signed legislation today creating the Eastern Illinois Economic Development Authority (EIEDA).…