Investing

Investing

Prime Group Realty TrustAcquires Interest in Extended Stay Hotels

CHICAGO -- Prime Group Realty Trust (NYSE: PGEPRB) (the “Company”) announced today that on June 29, 2007 the Company, through its wholly-owned qualified REIT...

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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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CHA’s outstanding work in Section 3 program prompts HUD to waive...

The U.S. Department of Housing and Urban Development (HUD) has waived the final year of a five-year agreement with the Chicago Housing Authority because of the agency’s outstanding performance and commitment to enhancing the Section 3 program that provides job and contracting opportunities to public housing residents.