State Awards $15.4M to Help Homeowners, Landlords Afford Home Repairs
February 11, 2010 Posted by Illinois RealEstateRama
Two programs serve low-income residents, create jobs. CHICAGO, IL - February 11, 2010 - (RealEstateRama) — A new round of $15.4 million in federal affordable housing funds will help low-income residents, including seniors and persons with disabilities, and landlords rehabilitate more than 420 homes across the state, the Illinois Housing Development Authority (IHDA) announced today.
Homeowners, Veterans & Small Businesses Benefit from Halvorson Sponsored Provisions in Tax Credit Bill
December 10, 2009 Posted by Illinois RealEstateRama
December 10, 2009 - (RealEstateRama) — Working to reduce burdens on our families, small businesses, and veterans, Rep. Debbie Halvorson (IL-11) today voted to pass the Tax Extenders Act of 2009, H.R.4213, which would extend a number of tax relief provisions through 2010.The Tax Extenders Act of 2009 contains three pieces of individual legislation sponsored by Halvorson, which were included into the larger bill. The first, H.R. 2146, would extend an additional standard deduction for state and local real property taxes for homeowners, which would save homeowners money on their tax returns.
Durbin Bill to Stem Record Foreclosures Included in Obama’s Housing Plan
March 3, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - March 03, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today called for passage of his Helping Families Save Their Homes in Bankruptcy Act, a bill he re-introduced in early January and named one of his top legislative priorities of the year.
Pappas Calls on Mortgage Companies to Rescind “Frightening” Letters to Homeowners, and Apologize
November 8, 2007 Posted by Illinois RealEstateRama
And Demands the Companies Pay Taxes on Escrow Counts as Law Requires
CHICAGO, Nov. 8 /PRNewswire-USNewswire/ — Cook County Treasurer Maria Pappas today called on mortgage companies to rescind thousands of letters meant to “frighten” property owners into sending property tax bills to them and demanded that they pay taxes on their clients’ escrow accounts on […]
New Illinois Law to Help Protect Homeowners From Foreclosures
November 7, 2007 Posted by Illinois RealEstateRama
AARP-Backed Law Will Toughen Standards for Mortgage Brokers Takes Aim at Consumer Protections from Predatory Loans
CHICAGO, Nov. 6 /PRNewswire-USNewswire/ — In the midst of the foreclosure crisis striking the nation, Illinois homeowners received some good news; Governor Rod Blagojevich has delivered a state law to help protect consumers from losing their homes.
Governor Blagojevich signs anti-predatory lending law, announces borrower outreach initiative to help fight foreclosures
November 5, 2007 Posted by Illinois RealEstateRama
Statewide ban on predatory mortgage products, counseling and face-to-face lenders’ meetings will help families keep their homes
SPRINGFIELD – As the nation’s foreclosure rate continues to rise, Governor Rod R. Blagojevich today took action to provide Illinois homeowners facing foreclosure with opportunities to meet directly with lenders, community housing counselors and local, state and federal housing […]
