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Mike Frerichs

Treasurer
Statewide, IL

Infrastructure Development Account

October 28, 2021/in Jobs and Entrepreneurship /by join.us

Problem

 Illinois infrastructure, like many states across the country, has a long list of infrastructure needs. 

Solution

The Infrastructure Development Account (IDA) allows the State Treasurer to invest up to 5% of the State Portfolio in Illinois infrastructure development projects with Illinois infrastructure development firms. The State will be able to provide development capital to revenue-producing projects that will benefit Illinois citizens while strengthening the State Investment Portfolio.

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