Monthly Archives: May 2016
New IDOT Multiyear Plan Outlook Improves, Long-Term Need for Infrastructure Remains
The Illinois Department of Transportation today released a $11.2 billion plan to improve Illinois roads and bridges over the next six years, a $2.8 billion increase fueled by a boost in federal funding and a commitment to direct more resources at construction
HUD EXTENDS CHA’S MOVING TO WORK STATUS
Addressing a crowd gathered at a breakfast to honor the achievements of young people, Chicago Housing Authority CEO Eugene Jones, Jr., commended two CHA scholarship recipients for their accomplishments and announced that a recent decision by the federal Department of Housing and Urban Development (HUD) to extend the agency's Moving To Work (MTW) status for another 10 years will allow thousands more to also have new opportunities
April brings strong gains in Illinois home sales and prices
The Illinois housing market accelerated in April with robust home sales and a double-digit year-over-year jump in the statewide median price, according to the Illinois REALTORS
HUD ANNOUNCES $630,000 AGREEMENT WITH ILLINOIS PROPERTY OWNERS, MANAGERS ACCUSED OF DISCRIMINATING AGAINST APPLICANTS...
The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a $630,000 agreement with a group of Illinois property owners and a management company resolving allegations they violated the Fair Housing Act and Section 504 of the Rehabilitation Act of 1973 by using rental screening policies that prevented applicants with mental disabilities from living in a supportive living complex the group owned. Read the agreement.
Illinois RPS Legislation will Sidetrack Solar Energy Growth
Following is a statement by Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on Illinois energy legislation
The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Chicago’s Bucktown...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000
The Boulder Group Arranges Sale of Bank of America Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.
Kirk Supports Investments in Illinois Innovation to Help Argonne, Fermilab Compete with China
Senate FY17 Energy & Water Bill Includes Kirk-Driven Provisions to Boosts Supercomputer Development, Strengthens Illinois Waterway Infrastructure; Bill Funds National Labs, Waterway Infrastructure, Cybersecurity Improvements
Illinois Launches Smartphone E-License for Regulated Professionals
An alternative to the paper license pocket card is now available for the majority of licensed professionals regulated by the Illinois Department of Financial and Professional Regulation (IDFPR). An estimated 1.1 million active licensees within the Division of Professional Regulation (DPR) and the Division of Real Estate (DRE) may now choose to store an electronic license pocket card on their smartphone or tablet.
Illinois Regulator to Adopt New SAFE Mortgage Loan Originator Test
The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking today announced that it will adopt the new SAFE Mortgage Loan Originator (MLO) National Test Component with Uniform State Content on June 1, 2016. IDFPR is one of 52 state agencies that have adopted the test. Additional states are eventually expected to adopt the new SAFE MLO National Test Component with Uniform State Content
MAYOR EMANUEL, CHICAGO HOUSING AUTHORITY AND OTHERS CUT THE RIBBON ON TERRACE 459 AT...
Mayor Rahm Emanuel, the Chicago Housing Authority (CHA), Congressman Danny Davis, Alderman Walter Burnett, Jr. (27) and Holsten Real Estate today cut the ribbon on Terrace 459 at Parkside of Old Town, the latest development in the revitalization of Cabrini-Green. This phase adds 106 rental units in two buildings at 459 West Division and 1151 North Cleveland, expanding mixed-income housing options in the neighborhood.
April 25 is Illinois REALTORS® Day
In honor of the 100th anniversary of the Illinois REALTORS®, Illinois Gov. Bruce Rauner and state lawmakers declared April 25, 2016 as Illinois REALTORS® Day. Over the last century, the association has emerged as the leading voice for real estate and private property rights in Illinois
CHA Awarded Moving to Work Extension through 2028
The U.S. Department of Housing and Urban Development has announced that the Chicago Housing Authority (CHA) is one of 39 Public Housing Authorities (PHAs) across the country granted Moving to Work (MTW) agreement extensions through 2028.