The Illinois chapter of the Council of Development Finance Agencies (“CDFA”) has bestowed the Chicago Infrastructure Trust with an Excellence Award related to the Municipal Buildings Retrofit initiative.
“Each year CDFA is proud to honor excellence in development finance. The work of our award winners is cutting-edge, innovative, and an example of best practices in our industry,” said Toby Rittner, CDFA President & CEO.
Through an innovative, tax-exempt Energy Services Agreement (“ESA”) deal, structured by the Trust, 60 City buildings across 36 Wards are nearing completion of transformative energy conservation upgrades at no upfront cost to the City of Chicago.
The CDFA Illinois Financing Roundtable Excellence Awards recognize outstanding development finance programs, agencies, projects, and success stories. These awards, presented at the CDFA Illinois Financing Roundtable Conference, honor excellence in the use of financing tools for economic development, as well as the individuals who champion those efforts.
The complete CDFA press release is available here.