Developing Illinois Regional Economies Since 2005
Eastern Illinois Economic Development Authority (EIEDA)
The Authority’s financial and supportive powers enable it, with the written approval of the Governor of the State of Illinois, to issue Taxable and Tax-Exempt Bonds for the purpose of developing, constructing, acquiring, or improving properties or facilities for business entities locating in or expanding within the territorial jurisdiction of the Authority.
ILLINOIS RDAs
EIEDA is an economic development agency for the ten counties located within the territory. There are ten Regional Development Authorities (RDAs) in the state of Illinois.
⬅ EIEDA
History
The Eastern Illinois Economic Development Authority (EIEDA) was created by the action of the Illinois General Assembly and the Governor on July 13, 2005, by Public Act 94-203. EIEDA is a special district under 70 ILCS 506. EIEDA has a fourteen-member body of which three are appointed by the Governor with the consent of the Senate, ten are appointed by each of the County Board Chairmen of each of ten eastern Illinois counties and one public member is the Director of the Department of Commerce and Economic Opportunity or designee.
EIEDA is authorized to issue up to $500,000,000 in bond financing.
Numbers Speak For Themselves
Total Bond Investment
0
Million
Meet the Board of Directors
- Randy Berger - Ford County
- Shawn Conlin - Shelby County
- Dale Crane - Champaign County
- Angel Crawford - Iroquois County
- Tyler Graven - Moultrie County
- Jeff Lahr - Coles County
- Kayla Lambert - DCEO Designee
- Brian Moody - Douglas County
- Erika Ramsey - Vermilion County
- Jeff Voigt - Edgar County
