Housing & Development

Housing & Development

United States Senator Roland W. Burris Announces Recovery Act Funding for State of Illinois...

WASHINGTON, D.C - July 2, 2009 - (RealEstateRama) — United States Senator Roland W. Burris today announced that the U.S. Department of Housing and Urban Development (HUD) is awarding the State of Illinois with $94,676,979 from the 2009 American Recovery and Reinvestment Act.

Biggert Introduces High-Performance Building Resolution Measure Supports Greener, More Efficient Buildings

Washington, DC - June 4, 2009 - (RealEstateRama) — U.S. Representative Judy Biggert (R-IL-13th) joined U.S. Rep. Russ Carnahan (D-MO-3rd) in introducing a resolution recognizing the value of high-performance buildings. The measure, H.Res.492, “Supporting the goals and ideals of High-Performance Building Week,” was introduced late Tuesday. High-Performance Building Week will be June 15 through June 19, 2009.

Bean Discusses State Of Green Economy

Schaumburg, IL - June 3, 2009 - (RealEstateRama) — Congresswoman Melissa Bean met with local contractors, builders, green energy developers and environmental advocates at Roosevelt University to discuss the positive impact that energy incentives in the American Recovery and Reinvestment Act are having on the local economy, and to announce the re-introduction of her Green Initiative to provide further incentives.

Governor Quinn Requests Federal Assistance for Several Southern llinois Counties Federal disaster declaration...

SPRINGFIELD, IL - June 3, 2009 - (RealEstateRama) — Governor Pat Quinn today requested federal assistance to help people, businesses, local governments and electrical cooperatives recover from a devastating storm that hit parts of southern Illinois on May 8. The storm uprooted thousands of trees, causing widespread power outages and blocking countless roads and highways. At least 260 homes in a five-county area were destroyed or suffered major damage, and storm-related costs to state and local governments and electrical cooperatives are expected to top $26 million

Governor Quinn Announces more than $21 million for Parks and Open Space

SPRINGFIELD, IL - May 7, 2009 - (RealEstateRama) — At the Illinois Association of Park Districts Legislative Conference in Springfield, Governor Pat Quinn announced $21.2 million in grants for 59 park development and land acquisition projects throughout Illinois.

Mayor Daley, U.S. Senator Dick Durbin Announce $12.3 Million for O’Hare Runway Work

Chicago, IL - March 31, 2009 - (RealEstateRama) — Chicago will receive $12,262,589 from the competitive grant portion of the federal economic stimulus program to improve a runway and taxiway at O’Hare International Airport, Mayor Richard M. Daley and U.S. Senator Dick Durbin said today.

Crowne Plaza Hotel Opens Outside of Chicago

March 06, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, today announced that the Crowne Plaza Chicago-Northbrook has opened, after undergoing a $16 million renovation and conversion from a Radisson.

Governor Quinn Addresses 2009 National Main Streets Conference

CHICAGO, IL March 03, 2009 - (RealEstateRama) — On Monday at the Palmer House Hilton, Governor Pat Quinn spoke to over 1,500 attendees at the Open Plenary Session of the National Main Streets Conference about the importance of historic commercial districts

EPA’S Illinois Green Power Partners cut greenhouse gas emissions

Chicago, IL - February 10, 2008 - (RealEstateRama) — U.S. Environmental Protection Agency Region 5 announced today that its 2008 top-ranking Green Power Partners...

Illinois Builder/Developer Named 2009 Chair of NAHB’s National Sales & Marketing Council

Chicago, IL - February 10, 2009 - (RealEstateRama) — Tom Stephani, MIRM, a custom home builder/developer and consultant from Crystal Lake, Ill., was named chairman of the National Association of Home Builders’ (NAHB) National Sales & Marketing Council (NSMC) board of trustees during the 2009 International Builders’ Show in Las Vegas last month.

Rebuilding Together and NARI Work Together to Assist Low-Income Homeowners

DES PLAINES, IL and WASHINGTON D.C. – June 12, 2008 – Rebuilding Together, the nation’s lead nonprofit working to preserve affordable homeownership, and the...

Mayors and Civic Leaders Work Together on Housing for the Future

CHICAGO, Nov. 13 /PRNewswire-USNewswire/ -- Suburban leaders in the Chicago region have examined housing trends in their communities and are making plans today to...

First Industrial Realty Trust to Build a State-of-the-Art 600,000 Square-Foot Distribution Facility for Rust-Oleum...

Facility To Anchor New 'First Park Kenosha' Serving Chicago/Milwaukee Market CHICAGO, Nov. 12 /PRNewswire-FirstCall/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider...

Randolph Equities to Break Ground on State of the Art Medical Center in Space...

New Building provides Medical Office space for Doctors, Healthcare Specialists, and Medical Professionals CHICAGO , Sept. 25 /PRNewswire/ -- Randolph Equities has answered the emergency...

Community Development Financial Institutions Program

The Community Development Financial Institutions (CDFI) Program was established by the Reigle Community Development and Regulatory Improvement Act of 1994 to use federal resources...


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.


Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign