Federal grants to Illinois Finance Authority
Illinois Finance Authority in Chicago, Illinois received $181 million in federal grants from fiscal 2021 to 2025, across 2 awards. Its largest program was Greenhouse Gas Reduction Fund: Solar for All, with $156 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$181 million
- Awards2
- Awarded in FY 2025$0
- Largest award$156 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 0 | $0 |
| FY 2022 | 0 | $0 |
| FY 2023 | 1 | $16.1 million |
| FY 2024 | 2 | $165 million |
| FY 2025 | 0 | $0 |
Programs that fund Illinois Finance Authority
| Program | Awards | Amount |
|---|---|---|
| Greenhouse Gas Reduction Fund: Solar for All | 1 | $156 million |
| Grid Infrastructure Deployment and Resilience | 1 | $24.5 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Environmental Protection Agency | 1 | $156 million |
| Department of Energy | 1 | $24.5 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Description: note: a special payment condition applies to this award. This agreement provides funding under the inflation reduction act. The recipient will provide financial and technical assistance to low-income and disadvantaged communities to deploy and benefit from residential-serving distributed | Greenhouse Gas Reduction Fund: Solar for All | July 8, 2024 | $156 million |
| Bipartisan infrastructure law (BIL) – preventing outages and enhancing the resilience of the electric grid formula grants to states and indian tribes. The objective of this project is to improve the resilience of the electric grid against disruptive events. | Grid Infrastructure Deployment and Resilience | September 19, 2023 | $24.5 million |
Questions people ask
How much federal grant money does Illinois Finance Authority get?
$181 million in 2 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Illinois Finance Authority the most?
The Environmental Protection Agency, with $156 million in 1 award. The Department of Energy follow.
What is Illinois Finance Authority's largest federal grant?
$156 million under Greenhouse Gas Reduction Fund: Solar for All, with its first action in the period on July 8, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Illinois Finance Authority?
Its largest are Greenhouse Gas Reduction Fund: Solar for All and Grid Infrastructure Deployment and Resilience.
Other grant recipients in Chicago
- Chicago Transit Authority
- Northeast Illinois Railroad Co
- The University of Chicago
- University of Illinois
- Illinois Department of Employment Security
- Chicago Housing Authority
- Chicago Department of Public Health
- City of Chicago
Largest federal grant recipients in Illinois · Federal grants in Illinois