Midway through the second quarter, the North Shore and Barrington area housing markets continue to offer buyers what they are looking for in a home and sales in these areas reflect that. Housing data for May shows the number of new listings and median sales prices slightly fell from the same period in 2016, while closed sales rose substantially, followed in numbers by homes under contract, according to the North Shore-Barrington Association of REALTORS® (NSBAR).
The Chicago Housing Authority Board of Commissioners on Tuesday approved loans for two developments that will expand affordable housing opportunities in North Side communities that include co-located Chicago Public Library (CPL) branches in Irving Park and West Ridge and investment in developments that will expand housing opportunities in neighborhoods across Chicago
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.
The CHOICE Act is a perfect example of the kind of legislation that caused the Great Recession, when millions of hard-working families lost their homes, jobs, and their hopes for economic security and well-being. In the emergency response to the financial crisis, I worked with Barney Frank and my other colleagues to make sure it would never happen again.
U.S. Representative Mike Quigley (IL-05), who serves on the Transportation, Housing, and Urban Development (THUD) Appropriations Subcommittee, released the following statement after he questioned HUD Secretary Ben Carson during today’s hearing
U.S. Representative Randy Hultgren (IL-14) urged reforms to the National Flood Insurance Program (NFIP) to ensure taxpayers are shielded from unnecessary risk at a hearing today on “Flood Insurance Reform: A Taxpayer’s Perspective.” Many Illinois homeowners and businesses rely on NFIP to protect themselves from disaster after a flood, so the program must be changed so it benefits those who need it most. Reliable data and accurate mapping are essential to reflect the risks to communities located on flood plains.
During a hearing of the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD), U.S. Senate Democratic Whip Dick Durbin (D-IL) today pressed U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson to commit to ensuring that the 183 affected households living at Elmwood and McBride housing complexes in Cairo, Illinois, will have the full support of HUD as they transition to new housing
Illinois licensed professionals on the front line of the mortgage and real estate closing process descended upon the James R. Thompson Center this week to learn more about cyber and data security. A free conference hosted by the Illinois Department of Financial and Professional Regulation (IDFPR) provided those in attendance with the opportunity to hear from industry experts, as well as the Federal Bureau of Investigations on how cybersecurity issues can compromise the real estate closing process.
Professional garage doors installation and Repair Company, J&J Garage Door and Electric Openers, announced that it has achieved a significant milestone of installing its 1000th garage door.
U.S. Representative Mike Quigley (IL-05), who serves as Vice Chair of the Sustainably Energy & Environment Coalition (SEEC), released the following statement recapping the remainder of his #RepInTheRockies visit, a three-day climate change tour in Rocky Mountain National Park
Schakowsky, Maloney, Kuster, Tsongas, Lynch Reintroduce Legislation to Boost Public Participation at FERC
Representatives Jan Schakowsky (D-IL), Sean Patrick Maloney (D-NY), Ann Kuster (D-NH), Niki Tsongas (D-MA) and Stephen F. Lynch (D-MA) reintroduced legislation to create an Office of Public Participation and Consumer Advocacy at the Federal Energy Regulatory Commission (FERC). As one of the lead agencies responsible for developing energy infrastructure and ensuring reliability of the electric grid, FERC has sweeping authority over the wholesale power markets and ultimate jurisdiction in the federal siting and permitting process for natural gas pipelines.
U.S. Representative Bobby L. Rush (D-Ill.), who serves as Ranking Member on the Energy Subcommittee of the Energy and Commerce Committee, helped draft infrastructure legislation to bring federal funding to Illinois’ roads,bridges and much more. The Leading Infrastructure for Tomorrow’s America Act, or LIFT America Act, (H.R. 2479) includes key areas within the Committee’s jurisdiction that address broadband, drinking water, healthcare, the electric grid, brownfields and renewable energy infrastructure
Early predictions of a healthy market performance for the first quarter have held true for the North Shore-Barrington housing market. Housing data for March shows the number of new listings and closed sales rose from the same period in 2016, while houses under contact rose substantially, according to the North Shore-Barrington Association of REALTORS® (NSBAR).
U.S. Representative Mike Quigley (IL-05), who serves as Vice Chair of the Sustainable Energy & Environment Coalition (SEEC), released the following statement on the Senate’s vote against proceeding with Congressional Review Act repeal of the Bureau of Land Management Methane Waste rule