CHICAGO -The Illinois Finance Authority last week advanced borrowing plans totaling nearly $1.5 billion for health care, higher education institutions, and other nonprofits, including a $375 million sale planned by Rush University Medical Center and $500 million for the University of Chicago.

Rush - located for more than a century on Chicago's near west side - received final approval to proceed with its deal that includes $230 million to finance the second phase of a 12-year, $900 million reconstruction and renovation of its campus begun in 2004.

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