Illinois State Government and Public Real Estate News

House Committee on Transportation and Infrastructure. Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) today welcomed U.S. Rep. Mike Bost (R-IL) as a newly appointed member of the Committee
U.S. Senator Dick Durbin (D-IL) today spoke on the Senate floor about the urgent water crisis in Flint, Michigan. “This is a disaster. As we speak, almost 100,000 people are being forced to live without access to clean water in their homes,” said Durbin.
A Chicago woman has been charged with posing as a federal housing representative to scam homeowners out of cash, federal authorities announced today. CYNTHIA WALLACE, 45, of Chicago, is charged with one count of falsely assuming and pretending to be an officer of the United States.
REALTOR® Chris Read, CRB, CRS, GRI, ABRM, CIPS, CNC, SFR, BPOR, SRS, SRES, of Woodridge, has been named the 2016 Illinois REALTOR® of the Year by the Illinois Association of REALTORS® (IAR). She is the Managing Broker/Owner of CR REALTOR® and is CEO of CR Strategies in Woodridge.
REALTOR® Edwin (Ed) Neaves has received the 2015 Illinois Association of REALTORS® (IAR) Political Involvement Award. Neaves is the managing broker of Berkshire Hathaway HomeServices Snyder Real Estate in Bloomington
U.S. Representative Mike Quigley (IL-05), Vice-Chair of theCongressional LGBT Equality Caucus, supported the passage of the Housing Opportunities for People with AIDS (HOPWA) program formula change through the Price-Aderholdt Amendment to the Housing Opportunity Through Modernization Act of 2015, H.R. 3700. This amendment will modernize the manner in which the funding for HOPWA is distributed throughout the country and result in increased HOPWA funding for Chicago.
Mayor Rahm Emanuel and the City of Chicago, U.S. Senators Durbin and Kirk, representatives from United and American Airlines, and the Federal Aviation Administration (FAA) today announced a nearly $1.3 billion infrastructure plan for O’Hare International Airport that will create thousands of jobs over the life of the project
Following a Chicago Tribune report that highlighted numerous incidents of childhood lead poisoning in Chicago, Illinois, U.S. Senator Dick Durbin (D-IL) wrote Secretary of Housing and Urban Development Julián Castro to urge the Department to conduct a thorough review of its regulations of acceptable lead exposure levels for children living in federally subsidized housing
“Low interest rates and improved employment made for a good year for the local residential real estate market,” said Keith Hancock, president of the North Shore-Barrington Association of Realtors® (NSBAR). “Median home prices were up more than 2 percent for the year compared to 2014, and the number of closed sales year-over-year increased nearly 4 percent.”
ongresswoman Cheri Bustos hosted the Third Annual Economic Summit at Augustana College, building upon roundtables she hosted earlier this year with manufacturers in Rockford, Peoria, and the Quad-Cities. This year’s summit focused on developing solutions to address the skills gap in the manufacturing industry, and the challenge of retaining young talent in the region
Illinois home sales and prices climbed higher in December and capped off a 2015 housing market that showed a return to a more balanced market with total year-end sales and median price gains surpassing 2014, according to the Illinois Association of REALTORS
U.S. Senator Dick Durbin (D-IL) today met with mayors from across Illinois who are in Washington, D.C. for the annual U.S. Conference of Mayors. At the meeting, Durbin discussed local priorities for 2016, including transportation and infrastructure initiatives and local economic development issues.
The Illinois Emergency Management Agency (IEMA) and the American Lung Association in Illinois (ALAIL) today announced the statewide launch of an initiative to encourage home builders to install activated radon mitigation systems in new homes. The systems reduce levels of radon, a radioactive gas that is the leading cause of lung cancer in non-smokers and the second-leading cause of lung cancer overall
ongressman John Shimkus (R, Illinois-15) voted this week to block two of the Obama Administration’s most controversial water rules. On Tuesday, the House passed H.R. 1644, the STREAM Act. This legislation would require the National Academy of Sciences to conduct a comprehensive study of existing stream protection rules before additional regulations can be proposed by the Office of Surface Mining
Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI), announced that it has partnered with Heartland Housing, Inc. (HHI), a developer and manager of affordable housing, to preserve more than 100 affordable homes at Leland Apartments, located in the Uptown neighborhood of Chicago, Ill.
Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

WASHINGTON – May 22, 2014 – (RealEstateRama) — Today, U.S. Representative Mike Quigley (IL-05) fought to expand federal housing assistance and protect funding and eligibility for vital infrastructure programs that improve the economy and support local communities, including projects in Chicago and Cook County. His efforts come as the House Appropriations Committee considers the FY15 Transportation, Housing and Urban Development (THUD) Appropriations bill. Fisher Investments Jay Carlson more »

Fisher Investments Jay Carlson
 
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