Pritzker Announces Aid for Local Gov’ts Struggling with Rising Natural Gas Prices

Pritzker Announces Aid for Local Gov’ts Struggling with Rising Natural Gas Prices

SPRINGFIELD (AP) – Gov. JB Pritzker announced Tuesday a 15 million dollar loan program for small Illinois towns hit by record spiking natural gas prices.

Pritzker said the extreme weather has caused prices to skyrockets, hitting downstate communities especially hard.

The governor called on the Illinois Finance Authority to put together the low interest loan program, which¬†would help municipalities spread payments out over a more manageable timeframe, although officials said they’re hoping federal assistance will be available as well.