FINANCIAL_SERVICESEXTENDED

IHDA Extends SBPA with Federal Home Loan Bank

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.

Status
EXTENDED
Document date
November 21, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Federal Home Loan Bank of Chicago
Agency
Illinois Housing Development Authority · IL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Extension of SBPA for Revenue Bond 2020 Series C through November 2030 (additional five years)
Renewal date
2030-11-30
Renewal
Second or subsequent extension of the existing SBPA for Revenue Bond 2020 Series C, adding five years of term so that the agreement runs through November 2030 with updated legal language and pricing terms; protections under the prior agreement remain in place.
Document type
Minutes
Source document
illinois_housing_development_authority_finance_com.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

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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What is Illinois Housing Development Authority currently buying?

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