The Tri-County River Valley Development Authority (TRVDA) is a general development agency for the counties of Peoria, Woodford and Tazewell. The Authority’s financial and supportive powers enable it, with the written approval of the Governor of the State of Illinois, to issue Double-Tax Exempt Bonds for:
- Industrial Revenue Bonds for Manufacturing firms
- Senior Housing Bonds or Supportive Living Bond for Housing
- Not-for-Profit Bonds for YMCAs, Hospitals
- Public Facilities Bonds for Schools and units of government
It is one of only ten regional development authorities within the State of Illinois. The Illinois Regional Authorities are CIEDA, EIEDA, QCREDA, UIRVDA, SIDA, SIEDA, SWIDA, TCRVDA, WIEDA, WKRDA.