State loans to help pay for ash tree costs

A provision in a Senate bill signed this past week by Gov. Pat Quinn authorizes the Illinois Finance Authority to issue low- or no-interest loans of up to $5 million to communities, according to state Sen. Michael Hastings (D-Orland Hills). An amendment creating the revolving loan program was tacked on to a bill introduced by Hastings concerning capital improvements and real estate leases at state universities… Please click here to read Mike Nolan’s full story in the Herald-News.