CONTRACTEXTENDED

IHDA Extends SBPA with Federal Home Loan Bank

Illinois Housing Development Authority logoIllinois Housing Development Authority
Document date
Nov 21, 2025
Renews
Free account

The 30-second brief

What it covers

The Illinois Housing Development Authority Finance Committee reviewed and is asked to approve an amendment and five-year extension of the Standby Bond Purchase Agreement with the Federal Home Loan Bank of Chicago for the $40 million Revenue Bond 2020 Series C. The extension will maintain existing liquidity backstop protections and align with IHDA’s broader debt management strategy through November 2030.

Who holds it

Federal Home Loan Bank of Chicago holds this financial services contract with Illinois Housing Development Authority. Its other public contracts on record include work for Lafayette County and Jefferson County.

What happens next

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Contract details

Contract type
Financial Services
Document date
November 21, 2025
Term
Extension of SBPA for Revenue Bond 2020 Series C through November 2030 (additional five years)
Renews
On record
Source document
illinois_housing_development_authority_finance_com.pdf (Minutes)

More Illinois Housing Development Authority contracts

Questions about this contract

Who was awarded the financial services contract by Illinois Housing Development Authority?

Federal Home Loan Bank of Chicago was awarded this financial services contract by Illinois Housing Development Authority, as recorded on November 21, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in illinois_housing_development_authority_finance_com.pdf (Minutes), dated November 21, 2025 from Illinois Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federal Home Loan Bank of Chicago hold?

Federal Home Loan Bank of Chicago may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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