Monthly Archives: June 2016
Statement on Tornado Damage
Governor Bruce Rauner issued the following statement on the tornadoes that hit Illinois last night:
"Given the reports of tornado touchdowns across north-central Illinois last night, we are fortunate things are not worse and are thankful there were no fatalities. Diana and I are thinking of those who were injured or suffered property damage in the storms and send our prayers to you.
May brings strong growth to Illinois home sales and prices
The year’s housing market momentum continues with Illinois home sales and prices posting robust gains in May, according to the Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2016 totaled 16,150 homes sold, up 6.0 percent from 15,237 in May 2015
Durbin Announces More Than $4.8 Million for Small Airports in Illinois
U.S. Senator Dick Durbin (D-IL) today announced $4,852,151 in federal funding for upgrades to small airports in Illinois. The grants were awarded through the U.S. Department of Transportation’s Federal Aviation Administration and will help improve safety and efficiency at DuPage Airport, Greater Kankakee Airport, and Lewis University Airport. Senator Durbin has worked to increase funding for critical transportation and infrastructure grant programs that benefit Illinois.
CHA CEO Eugene Jones, Jr., speaks at City Club of Chicago
During a speech at the City Club of Chicago, Chicago Housing Authority (CHA) CEO Eugene “Gene” Jones, Jr. today outlined how the nation’s second largest public housing agency is creating opportunities for residents and changing Chicago’s neighborhoods through holistic development strategies that were set in motion over a decade ago.
Spring home buying season off to strong start in the North Shore and Barrington...
May xx, 2016 — Local home sales data for April is in and it confirms that the prevailing trends of last year have continued into 2016 with strong positive indicators for the spring home sales season.
National Payday Rule Could Save Illinois Millions
The Consumer Financial Protection Bureau unveiled a proposal for a new national rule on payday and car title lending that has the potential to save Illinois residents millions if changes are made before the rule is finalized.
Mayor Emanuel Announces Elks National Service Commission Grant to Support Chicago in Addressing Veterans...
Mayor Rahm Emanuel today announced the City’s Ending Veterans Homelessness Initiative (EVHI) is receiving a $100,000 grant from the Elks National Veterans Service Commission that will be used to launch a Veterans Emergency Fund. The $100,000 in private funding, provided by the Elks, will help support at least 50 veterans in securing stable housing, and is another step in the City’s commitment to ending veteran homelessness in Chicago
Illinois Begins Using Uniform Mortgage Test
The Conference of State Bank Supervisors (CSBS) announced today that the Illinois Department of Financial and Professional Regulation (IDPFR or the Department) began using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State Content starting today, bringing the total number of state agencies that use the test to 52.