CHICAGO - April 23, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed legislation that will reduce property tax bills for seniors across Illinois. Senate Bill 1894 raises the senior homestead exemption from $4,000 to $5,000 – potentially saving seniors up to more than $200 annually. This new exemption for seniors takes effect for Cook County this year
CHICAGO, IL - March 4, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced that the state of Illinois has been ranked #5 in the nation for new and expanded corporate facilities. Illinois moved up two spots from last year’s seventh place ranking, according to the annual analysis by Site Selection magazine, one of the nation’s premier corporate real estate and economic development publications. In 2012, Illinois had 322 corporate facilities locate or expand in the state.
State Provided More Than $8.4 Million to Help Build La Casa Student Housing and Resource Center CHICAGO, IL - October 12, 2012 - (RealEstateRama) --...
Governor Quinn Signs Housing Bills to Support People with Disabilities and Protect Homeowners from...
CHICAGO, IL - August 6, 2012 - (RealEstateRama) -- Governor Pat Quinn today signed two new housing laws to provide people with disabilities with more access to affordable rental housing, and to further protect homeowners from mortgage fraud. The supportive housing law makes $10 million in rental housing subsidies available over 15 years to eligible landlords. In addition, the governor announced the commitment of up to $40 million in Illinois Jobs Now! capital funds for developers of permanent supportive housing. These laws build on the governor’s strong commitment to providing more housing options for people with disabilities, and to protecting consumers from predatory lenders.
CHICAGO, IL - July 25, 2012 - (RealEstateRama) -- Governor Pat Quinn continued his long history of fighting for consumers today by signing two new laws to help Illinois residents avoid risky home loans and protect those who are in debt from being unfairly sent to jail. The new laws increase protections for families from High Risk Home Loans and Refund Anticipation Loans and also establish stringent new guidelines before a borrower can be sent to jail following non-payment of debt
CHICAGO, IL - July 9, 2012 - (RealEstateRama) -- Governor Pat Quinn today signed a new law that will help more Illinois Veterans find employment following their service to our country, an important measure he proposed during his State of the State address in February.
HARRISBURG - April 2, 2012 - (RealEstateRama) -- At the direction of Governor Pat Quinn, the heads of a number of state agencies today announced in Harrisburg up to $13 million of financial aid and construction projects to help families, businesses and local governments recover from the deadly tornado that ravaged several Southern Illinois communities on Feb. 29. The package put together at the Governor’s instruction includes reimbursements to local governments for some of their disaster-related expenses, road improvements, grants to help homeowners repair or rebuild damaged homes, and low-interest business loans to create jobs and help businesses recover.
Governor Quinn Addresses Illinois Association of Realtors Emphasizes Administration’s Commitment to Affordable Housing and...
SPRINGFIELD, IL - March 27, 2012 - (RealEstateRama) -- Governor Pat Quinn today addressed the Illinois Association of Realtors Conference in Springfield. March is Affordable Housing Month, and the Governor’s remarks emphasized his administration’s commitment to creating affordable homeownership opportunities and foreclosure assistance programs.
CHICAGO, IL - March 1, 2012 - (RealEstateRama) -- Governor Pat Quinn today announced that the state of Illinois and Chicago have been named among the top 10 locations for new and expanded corporate facilities. Illinois ranked seventh among states, an improvement over last year’s eighth place ranking, and Chicago second in the metropolitan areas category in the annual analysis by Site Selection magazine, one of the nation’s premier corporate real estate and economic development publications
Governor Quinn Announces Public-Private Initiative to Grow Independent Housing for Persons with Disabilities
CHICAGO, IL - December 16, 2011 - (RealEstateRama) -- Governor Pat Quinn today announced the commitment of $15 million in Illinois Jobs Now! capital...
CHICAGO, IL - September 16, 2011 - (RealEstateRama) -- Governor Pat Quinn today announced a program to help approximately 15,000 Illinois homeowners threatened by foreclosure. The Illinois Hardest Hit program utilizes $345 million in federal funds to support working families having trouble making mortgage payments due to unemployment or under-employment.
CHICAGO, IL - July 18, 2011 - (RealEstateRama) -- Governor Pat Quinn today announced the creation of the Mortgage Resolution Fund (MRF) using $100 million of the state’s $445.7 million in Hardest Hit Fund dollars to purchase notes in the Chicago area. The Illinois Housing Development Authority (IHDA) board today approved the new program, which will enable these loans to be permanently modified to affordable levels.
TINLEY PARK, IL - July 12, 2011 - (RealEstateRama) -- July 11, 2011. Governor Pat Quinn today announced $6.6 million in federal funding to increase affordable housing, stabilize communities and make infrastructure improvements in six south suburban Cook County communities. Awarded through the “IKE” Disaster Recovery Program, the funding will be used to purchase and rehab or demolish vacant or abandoned homes and to upgrade water-sewer lines and roads in the vicinity of the targeted housing projects.
CHICAGO, IL - June 20, 2011 - (RealEstateRama) -- Governor Pat Quinn has proclaimed June as Homeownership Month in Illinois. Quinn issued the proclamation to raise awareness about state-sponsored affordable homeownership programs and foreclosure prevention assistance available across Illinois to meet the needs of residents in this economy
CHICAGO, IL - November 29, 2010 - (RealEstateRama) -- Governor Pat Quinn today joined local schoolchildren to light the state of Illinois’ annual holiday tree and launch the Illinois Heroes holiday card drive. Governor Quinn encouraged schoolchildren from across the state to take part in the annual drive by making holiday cards for servicemembers at the Landstuhl Regional Medical Center (LRMC) in Germany. Governor Quinn will personally deliver the cards during a visit to troops at LRMC later this year.