Applications

Applications that are complete and accurate will be promptly reviewed and acted upon by the Board of Directors. A non-refundable application fee must accompany a completed application upon submission. 

Submit completed applications to warrenribley@qcreda.com.

Bond Fees:

• Application Fee- A $2,000 non-refundable application fee is due when the application is submitted.
• Issuance Fee- This service fee is 80 Basis Points (0.0080) x bond amount on Private Entities issues and 40 Basis Points (.0040) x bond amount on Not-for-Profit Issues, and 15 Basis Points (.0015) x bond amount on Government issues.
• Other miscellaneous fees include the cost of the Issuer and Underwriter / Lender Bond Counsel.

Enterprise Zone Fees:

• Application Fee- A $2,000 non-refundable application fee is due when the application is submitted.
• Administrative Fee- The administration fee is equal to .5% (0.005) times the cost of building materials, not to exceed $50.000.

Fee payments are payable to Upper Illinois River Valley Development Authority (UIRVDA) and sent to:

Springfield Office: PO Box 9079 Springfield, IL 62791.