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RealEstateRama

Illinois RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Illinois Real Estate publishing community.

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Lipinski Announces $2.25 Million Federal Grant for Midway Airport

Congressman Dan Lipinski (IL-3) has announced that the U.S. Department of Transportation’s Federal Aviation Administration (FAA) has awarded Midway Airport a $2.25 million grant to extend a taxiway.

Kinzinger Statement on Great Lakes Basin Rail Proposal

Congressman Adam Kinzinger (IL-16) responded to the announcement that the Surface Transportation Board (STB) had rejected the Great Lakes Basin Transportation (GLBT) rail line proposal. The rail line would have run through parts of Illinois, Wisconsin, and Indiana. Applauding this decision, Congressman Kinzinger released the following statement:

BOST ANNOUNCES GRANT AWARD FOR INDUSTRIAL EXPANSION IN JEFFERSON COUNTY

U.S. Representative Mike Bost today announced a grant award to fund the construction of roadway improvements for industrial expansion in Mount Vernon. The project will improve access to allow current industries to ship and receive goods more efficiently, along with improving water service for the area, which will result in new higher paying jobs and additional employment throughout the region.

North Shore And Barrington Area Housing Market Sales Up

Sales across the United States are pointing to a national trend in real estate: a shift to a predominantly seller’s market.  Nearly two years into a market where the number of houses for sale has steadily dropped and the median sales price has increased, shortages in new construction continue.

QUIGLEY TOURS AFFORDABLE HOUSING BUILDING UPGRADED WITH ENERGY EFFICIENCY RENOVATIONS

This week, U.S. Representative Mike Quigley (IL-05) toured an affordable housing building equipped with energy efficient technology and other measures designed to cut consumers’ energy bills and make the building more comfortable for tenants. He joined Elevate Energy, as well as the building property manager and contractors, to see the facility and discuss energy efficiency and affordability in Chicago.

Illinois home prices show solid gains in July; Sales decline

Illinois homes sold faster and for more money in July, but lower housing inventory drove year-over-year sales lower, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in July 2017 totaled 15,677 homes sold, down 4.3 percent from 16,375 in July 2016.

Durbin, Duckworth Announce More Than $6.5 Million In Federal Funding To Help At-Risk Youth...

U.S. Senators Dick Durbin (D-IL) and Tammy Duckworth (D-IL) today announced that the U.S. Department of Labor (DOL) awarded six local community colleges and non-profits in Illinois a total of $6,501,644 million through YouthBuild, a job-training and educational program for at-risk youth ages 16 to 24. 
CHA

For CHA kids, it’s “Back to School” at Brookfield Zoo for the fifth year...

Students from the Chicago Housing Authority will enjoy one final summer extravaganza before getting back to work, courtesy of Brookfield Zoo and Pangea Real Estate

Rush Introduces Three Bills to Address Key Issue Areas

U.S. Representative Bobby L. Rush (D-Ill.) introduced three new bills that focus on key issues of the energy sector, credit reporting and home loan lenders. Rush introduced H.R. 3540, the Quadrennial Energy Review Act of 2017, H.R. 3538, the Mortgage Sale Transparency Act of 2017 and H.R. 3539, the Mugshots Elimination Act of 2017.

Durbin, Grassley, Duckworth, Bost Press HUD OIG To Complete Investigation Into Cairo Housing Crisis

U.S. Senators Chuck Grassley (R-IA), Chairman of the Senate Judiciary Committee, Dick Durbin (D-IL), Tammy Duckworth (D-IL), and U.S. Representative Mike Bost (R-IL-12) today called on the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) to complete its investigation into the mismanagement at the Alexander County Housing Authority (ACHA) in Cairo, Illinois as soon as possible and make its findings public. In a bipartisan letter to Acting Inspector General Helen Albert, the members warned that while the OIG’s investigation is ongoing, hundreds of tenants in Cairo are being forced out of their housing units due to years of negligence and mismanagement by ACHA administrators.

Construction begins on international mega-science experiment to understand neutrinos

With the turning of a shovelful of earth a mile underground, a new era in international particle physics research officially began today. In a unique groundbreaking ceremony held this afternoon at the Sanford Underground Research Facility in Lead, South Dakota, a group of dignitaries, scientists and engineers from around the world marked the start of construction of a massive international experiment that could change our understanding of the universe.

Illinois median prices climb in June while home sales hold steady

Illinois home sales largely held steady and the statewide median price increased in June as motivated buyers were ready to move quickly amid tighter seasonal inventory, according to Illinois REALTORS®.

Durbin Proposal To Release Brandon Road Study On Asian Carp Included In Senate Appropriations...

The Senate Appropriations Committee approved its $38.4 billion energy and water spending package, including a provision offered by U.S. Senators Dick Durbin (D-IL) and Tammy Baldwin (D-WI) requiring the U.S. Army Corps of Engineers (Army Corps) to release a draft plan within 30 days of the bill’s passage for keeping Asian carp from reaching the Great Lakes.  This plan, referred to as the Brandon Road Study, was set to be released on February 28, 2017, but has been stalled by the Trump Administration

Durbin, Duckworth Press Trump To Fully Fund Fastlane Grants

U.S. Senators Dick Durbin (D-IL) and Tammy Duckworth (D-IL) today called on President Trump to fully fund the U.S. Department of Transportation’s (DOT) fiscal year 2017 FASTLANE grants after the Administration announced that DOT will hold funding for large project awardees and call for new and separate applications with “updated” criteria. This latest delay of much needed transportation grant funding by the Trump Administration will directly impact transportation infrastructure projects across Illinois, including CREATE’s 75th Street Corridor Improvement Project in Chicago and Merchants Railroad Bridge Project in the St. Louis region.

BOST STATEMENT ON EPA’S WATERS OF THE U.S. WITHDRAWAL

U.S. Representative Mike Bost issued the following statement after the Environmental Protection Agency (EPA) announced it would withdraw the controversial Obama-era Waters of the United States (WOTUS) rule

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

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IRS Orland Park IL

The Boulder Group Arranges Sale of an GSA Building in the...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Internal Revenue Service (IRS) office building located at 14479 S. John Humphrey Drive in Orland Park, IL for $3,250,000.

Editors’ Picks

Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

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