FINANCIAL_SERVICESAPPROVED

Oak Park village Awards Financial Services Contract to Illinois Finance Authority (May 2026)

Oak Park approved an ordinance to join the Illinois Finance Authority’s Commercial PACE program, enabling private financing for energy efficiency, renewable energy, EV charging, and water conservation projects in non-residential and multifamily buildings. The Illinois Finance Authority will administer the program and issue bonds, while the village retains local control over assessment agreements.

Status
APPROVED
Document date
May 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Illinois Finance Authority
Agency
Oak Park village · IL

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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
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
Renewal
Ordinance designates Illinois Finance Authority as the ongoing PACE program issuer and administrator; no fixed end date or renewal schedule specified.
Document type
Transcript
Source document
Village of Oak Park Village Board Transcript 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Oak Park village?

Illinois Finance Authority was awarded this financial services contract by Oak Park village, as recorded on May 26, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Oak Park Village Board Transcript 2026-05-26 (Transcript), dated May 26, 2026 from Oak Park village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Illinois Finance Authority hold?

Illinois Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Illinois Finance Authority's profile

What is Oak Park village currently buying?

Explore Oak Park village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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