Quad Cities Regional Economic Development Authority

Media Coverage

Augustana College Expansion

The Quad Cities Regional Economic Development Authority (QCREDA) was created by action of the Illinois General Assembly and is a general development agency for the counties of Henry, Knox, Mercer, and Rock Island. The Authority's powers enable it to issue taxable or tax-exempt revenue bonds on behalf of a company for the purpose of developing, constructing, acquiring or improving facilities within the territory of the Authority. These revenue bonds can be quasi-guaranteed moral obligation bonds of the State of Illinois, that is generally rated by Standard and Poors as an investment grade AA- to A+, which often results in a lower interest rate for the borrower than may otherwise be obtainable if the bonds were rated only on the strength of the company.

For more information contact:

Andrew Hamilton - Executive Director
Quad Cities Office
Quad Cities Regional Economic Development Authority
1830 Second Avenue, Suite 200 Rock Island, IL 61201
Toll Free: 866/325-7525, Fax: 866/325-7569
E-mail: andrewjhamilton@qcreda.com

Air Force One... this is Q.C. International

Air Force One is no stranger to the Quad City International Airport. The Blue Angles often participate in the area's annual air-show and appreciate the expanded facilities of the airport, Elliott's Flying Service and state-of-the-art safety equipment.