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Location Focus: Illinois – Trying to Make Headway in Every Way

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Pat Quinn and state agencies are working together to advance Illinois. Quinn launched the Welcome Home Illinois program in April. It is administered by the Illinois Housing Development Authority (IHDA) and offers $7,500 in down-payment assistance with an interest rate as low as 3.75 Quinn said. “I

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

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percent in 2014 due to stronger shipment volumes and inventory carrying charges that were up 2.1 To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. THE DUPAGE COUNTY, ILLINOIS ADVANTAGE. percent in 2013 and 8.3 percent in 2014.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.

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