CHICAGO — The Illinois Finance Authority on Tuesday advanced bond deals for two privately developed state university student housing projects and financings for a handful of borrowers rushing to tap federal stimulus bond programs ahead of their expiration.

"This month's project agenda is driven primarily by the IFA's effort to close deals that provide borrowers with access to the several federal conduit financing tools scheduled to expire at the end of 2010," IFA executive director Christopher Meister wrote in board documents.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.