Finance Authority, Illinois

Board and Commission Details

Contact Name

Chris Meister

Contact Title

Executive Director

Contact Phone

312-651-1300

Contact E-Mail

cmeister@il-fa.com

Function

This authority will have all of the financing powers formally held by: Illinois Health Facilities Authority, Illinois Development Finance Authority, Illinois Educational Facilities Authority, Illinois Farm Development Authority, Illinois Rural Bond Bank, Illinois Research Park Authority, State Parks Revenue Bond Commission, and the Illinois Community Development Finance Commission. This is done in order to help finance economic development, manufacturing, environmental projects, health facilities, educational and cultural facilities, local government project and agricultural development.

Term

3 years, and until successor is appointed and qualified

Senate Confirmation

Yes

Qualifications

Persons with recognized ability and experience in one or more of the following areas: economic development, finance, banking, industrial development, small business management, real estate development, housing, health facilities financing, local government financing, community development, venture finance, construction and labor relations. At any point in time, the Authority must include no fewer than 2 members who have expertise in agribusiness or production agriculture.

Compensation

Expenses

Composition

15 members appointed by the Governor

Chair

Appointed by the Governor for 2-year terms

Authority

20 ILCS 3501/801-15


Member Names

Name Member Expiration Member Since Affiliation Appointed By Position Title County
Caldwell, Karen 07/15/2025 05/12/2023 Governor Member
Poole, Roger 07/21/2026 12/11/2009 Governor Member St. Clair
Abrams, Susan L. 07/15/2025 08/28/2023 Governor Member Lake
Zeller, Brad 07/17/2024 02/28/2005 Governor Member Morgan
Fuentes, James 07/15/2027 04/06/2005 Governor Member Cook
Pawar, Ameya 07/15/2024 07/11/2022 Governor Member
Wexler, J. Randal 07/15/2026 06/28/2019 Governor Member Cook
Hobert, William 07/15/2027 06/28/2019 Governor Chair, Member Cook
Ryan, Timothy 07/15/2025 08/19/2022 Governor Member McLean
Beres, Drew 07/16/2025 07/17/2020 Governor Member Cook
Sutton, Lynn E. 07/16/2027 03/20/2023 Governor Member Cook
Strautmanis, Michael 07/15/2025 05/01/2022 Governor Member Cook
Juracek, Arlene 07/18/2025 08/19/2022 Governor Member Cook
Landek, Steven M. 07/15/2025 08/28/2023 Governor Member Cook
Nava, Roxanne 07/17/2026 06/28/2019 Governor Member Cook