South Central Illinois Regional
Planning & Development Commission

Our Local and County Governments, School Districts, Taxing Jurisdictions and Non-Profit Organizations have a broad range of unique financing needs. When grant opportunities just cannot bridge the financial gap, we offer lending programs that ensure success. The South Central Illinois Regional Planning and Development Commission offers fixed-rate loan options for a variety of needs.

Community Development Initiative (CDI) Loan Program

• Provides Funding for Community Development Projects, Health & Safety Needs, Local Grant Matches, State and Federal Compliance Requirements
• Wall Street Journal prime rate -1.2% for municipaliteis and -1.0% for special taxing districts with an interest rate floor of 2.0% (Currently 5.55% and 5.75% as of 2/1/2026)
• Up to 10-Year Term*
• If Project Involves Job Creation; $25,000 Available per Job Created
• Funds The Lesser of Up to 75% of Project Costs or $250,000

*10-year balloon with option to refinance for 5 more years.

Click Here for CDI Loan Program Info

Click Here for IRP Application Agreement

Would you like to discuss your lending options with us? Contact us at (618) 548-4234.