Posts Tagged Ambulance Revolving Loan Program

Illinois Fire Service news

Excerpts from centralillinoisproud.com:

Communities around the state will soon receive funding for new fire trucks and ambulances.

According to an Illinois news release, the Illinois State Fire Marshal James Rivera and Illinois Finance Authority Executive Director Chris Meister issued about $7.2 million in loans to emergency personnel across the state.

The loans are no or low interest and are made available through the Fire Truck Revolving Loan Program and Ambulance Revolving Loan Program. The loan programs are meant to assist cities and departments buy vehicles they otherwise might not be able to afford.

Across Illinois, 19 communities received funds for new firetrucks, and six communities received funding for new ambulances.

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Area fire departments receive loans for apparatus

Excerpts from wandtv.com:

A total of 23 communities in Illinois will receive funding for new fire trucks, and 11 communities will get funds for new ambulances. Illinois State Fire Marshal Matt Perez and Illinois Finance Authority Executive Director Christopher Meister issued over $9.3 million in no interest or low interest loans to emergency responders across the state. The loans are made available through the Fire Truck Revolving Loan Program (FTRL) and Ambulance Revolving Loan Program (ARLP).

Under the FTRL program, fire departments and fire protection districts can apply for up to $350,000 in low interest or no interest loans for purchase of a fire truck or brush trucks. The loans have to be repaid within 20 years. Under the ARLP program, local governments and not-for-profit ambulance service providers can apply for no interest or low interest loans of up to $200,000. These loans must be paid back in 10 years.

Area recipients of the Fire Truck Revolving Loan:

• Evergreen Park Fire Department                           $350,000.00

• Harvard Fire Protection District                              $350,000.000

• North Park Fire Protection District                          $350,000.00

• Oak Forest Fire Department                                   $350,000.00

• Orland Fire Protection District                                $350,000.00

• Schiller Park Fire Department, Village of               $350,000.00

• Woodstock Fire/Rescue District                            $350,000.00

Area recipients of Ambulance Revolving Loan:

• Cortland Community Fire Protection District          $200,000.00

• Franklin Park Fire Department                               $157,991.00

• Joliet Fire Department                                            $200,000.00

• Limestone Township Fire Protection District          $200,000.00

• Nunda Rural Fire Protection District                       $200,000.00

• Palos Heights Fire Protection District                     $185,000.00

• Princeton Fire Department                                     $200,000.00

• Woodstock Fire/Rescue District                             $200,000.00

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