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Illinois Fire Marshal and Finance Authority Issue $12 million in Interest Free Loans to Purchase Emergency Vehicles

Press Release - Monday, April 20, 2009

SPRINGFIELD - Illinois State Fire Marshal David B. Foreman and Illinois Finance Authority (IFA) Executive Director John B. Filan today issued nearly $12 million in no interest loans to emergency responders across the state.  The loans were made available through the Fire Truck Revolving Loan Program and the Ambulance Revolving Loan Program.

"Local fire departments need the right equipment to protect the communities they serve," Foreman said. "Previously, more than $11 million has been loaned out to help nearly 100 departments purchase fire trucks so that they can provide critical public safety services."

The Fire Truck Revolving Loan Program, administered by the Office of the State Fire Marshal and the IFA, provides no interest, 20-year loans to local fire departments and fire protection districts for the purchase of fire trucks.  The maximum loan award is $250,000. 

The Ambulance Revolving Loan Program is designed to assist emergency personnel purchase vehicles they otherwise couldn't afford.  Under the program, zero interest loans are provided to fire departments, fire protection districts or non-profit ambulance services for the purchase of ambulances.  The loans are available for amounts up to $100,000 and can be repaid over a 10-year period.

"With money so tight for everyone from homeowners to local governments throughout our country, we are delighted to release $12 million of interest free loans to our Illinois communities for critical ambulance and fire services," Filan added.

Recipients of the Ambulance Revolving Loan:
• Chatham Fire Protection Department (FPD)  $100,000
• DeKalb Fire Department (FD)   $100,000
• East Moline FD     $100,000
• Fulton FPD      $100,000
• Gardner Volunteer Fire Department (VFD)  $100,000
• Kewanee FD      $100,000
• Lemont FPD      $100,000
• Menard County Emergency Medical Service  $100,000
• North Chicago FD     $100,000
• Prospect Heights FPD     $100,000
• LaGrange FD      $100,000
• North Riverside FD     $100,000
• Win-Bur-Sew FPD       $88,521


Recipients of the Fire Truck Revolving Loan:
• Apple River FPD     $250,000
• Broadlands-Longview FPD    $100,000
• Buckley FPD      $152,500
• Bunker Hill FPD     $250,000
• Canton FD      $100,000
• Chadwick FPD     $250,000
• Chillicothe FD      $250,000
• Chrisman FPD      $250,000
• Clover Township FPD    $250,000
• Countryside FPD     $250,000
• Crescent Iroquois FPD      $75,000
• Cuba FD      $225,000
• Deer Creek FPD       $90,000
• Des Plaines FD     $250,000
• Fairfield Rural FPD     $175,000
• Godfrey FPD      $250,000
• Hecker FPD      $250,000
• Hutton FPD      $100,000
• Lamard Township FPD    $140,000
• LeRoy Community FPD    $150,000
• Lexington Community FPD    $220,000
• Lincolnwood FD     $250,000
• Lovington FPD     $240,000
• Manhattan FPD     $250,000
• Manteno Community FPD    $250,000
• Middletown FPD     $170,000
• Millstadt FPD      $250,000
• New Lenox FPD     $250,000
• Niantic FPD      $250,000
• Nokomis Area FPD     $250,000
• North Pike FPD     $105,000
• Octavia FPD      $200,000
• Palatine Rural FPD     $250,000
• Peotone FPD      $250,000
• Pocahontas-Old Ripley Fire EMS   $222,465
• Quincy FD      $250,000
• Rankin FPD      $125,000
• Rochester FPD     $250,000
• Sadorus FPD      $150,000
• Sandwich Community FPD    $250,000
• Spring Grove FPD     $250,000
• Stockton FPD      $200,000
• Sullivan FPD      $250,000
• Thomasboro FPD     $250,000
• Tri-County FPD       $25,000
• Ursa FPD      $175,000
• Valmeyer FPD     $190,000
• Virginia VFD      $220,000
• Wauconda FPD     $250,000
• Williamsville FPD     $250,000
• Woodstock Fire/Rescue District   $250,000

 


 

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