RealEstateRama Authors Posts by RealEstateRama
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 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.
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.
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
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.
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.
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 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®.
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
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.
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
Yesterday, the House Transportation and Infrastructure Committee agreed by voice vote to include an amendment that would require the Federal Aviation Authority (FAA) to establish a minimum seat size on commercial airlines as well as a minimum distance between rows of seats. This amendment is based on the bipartisan, bicameral Seat Egress in Air Travel (SEAT) Act and will be included in the broader FAA Reauthorization bill.
U.S. Representative Mike Bost (IL-12) led a push in Congress Friday for answers regarding alleged corruption at the Alexander County Housing Authority, the same day as the House approved an amendment Bost introduced to help ease the transition of Cairo residents and other Americans who have been displaced from a public housing authority to a new location.
Community residents joined Mercy Housing Lakefront and Alderman Michael Scott, Jr., (24th Ward) along with development partners today to celebrate the grand opening of the Lofts on Arthington, the former Sears, Roebuck and Company catalog printing building that has been adapted into 181 affordable homes for working families in the Homan Square community on Chicago’s West Side.
U.S Representatives Randy Hultgren (R-IL-14) and Gwen Moore (D-WI-04) have introduced bipartisan legislation to strengthen the Federal Home Loan Bank (FHLB) System by preserving access to mortgage credit and affordable housing assistance for millions of Americans.