State Agencies

Since 1954, City Securities has been a manager or
co-manager of projects that have been financed by the state through a number of various agencies. These projects have constructed state office buildings, roads, prisons, provided home mortgages and student loans, funded local utility improvements, expanded jobs, and even improved the Indiana Toll Road once again.

City Securities has sold bonds on behalf of the following state agencies and conduit organizations since 1995:

  • Indiana Bond Bank
  • Indiana Educational Facilities Authority
  • Indiana Development Finance Authority
  • Indiana Recreational Development Commission
  • Indiana State Office Building Commission 
  • Indiana Transportation Finance Authority
  • Indiana Health Facilities Authority 
  • Indiana Housing Finance Authority
  • Indiana Municipal Power Agency
  • Indiana Finance Authority

In order to provide economic efficiencies and management synergies and enable the state of Indiana to communicate as one voice with the various participants in the financial markets, the Indiana Development Finance Authority, the State Office Building Commission, the Indiana Transportation Finance Authority, the Recreational Development Commission, the State Revolving Fund Programs and the Indiana Brownfields Program were consolidated into a new and separate entity called the Indiana Finance Authority ("IFA") on May 15, 2005.