Senator Roland Burris Announces Recovery Act Funding for Water System Improvement Projects in Illinois Communities
March 18, 2010 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - March 18, 2010 - (RealEstateRama) — United States Senator Roland W. Burris today announced that American Recovery and Reinvestment Act funds from the Department of Agriculture are being allocated to Illinois rural communities for water system projects to enhance water quality and improve sanitation services. These projects will provide construction jobs and improve water systems infrastructure in rural areas
Durbin: New Report Shows Foreclosure Crisis Has Rising Impact on Middle Class
March 15, 2010 Posted by Illinois RealEstateRama
Foreclosures not limited to predatory lending as more homeowners are “underwater”. CHICAGO, IL - March 15, 2010 - (RealEstateRama) — More homeowners across Chicago find themselves at risk of foreclosure as property values drop and families struggle with unemployment, U.S. Senator Dick Durbin (D-IL) said today at a news conference to release National People’s Action’s 2009 Chicago Foreclosure Report.
Senator Burris Announces FEMA Funding to Illinois Communities to Combat Homelessness, Hunger and Economic Hardships
January 7, 2010 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - January 7, 2010 - (RealEstateRama) — United States Senator Roland W. Burris today announced that the Emergency Food and Shelter National Board Program (EFSP) will award Illinois a total of $9,000,170 to increase efforts to provide services, food and shelter for the hungry, homeless, and individuals struggling during the economic crisis. The EFSP is a federal program administered by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA).
Durbin Discusses Next Steps to Address Foreclosure Crisis
September 3, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - September 3, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today met with members of the Southwest Organizing Project (SWOP) to discuss the state of the foreclosure crisis on Chicago’s southwest side and to discuss a several legislative proposals he is considering introducing in the Senate this fall. One proposal would give homeowners facing foreclosure the right to temporarily remain in their homes by paying fair-market rent to the bank, another would provide funding to support mandatory arbitration programs in which homeowners and banks sit down face to face to work out loan modifications, and a third would extend the tax credit for first time home buyers enacted earlier this year to further reduce excess housing inventory that is dragging down sale prices.
Mayor Daley, U.S. Senator Dick Durbin Announce $12.3 Million for O’Hare Runway Work
March 31, 2009 Posted by Illinois RealEstateRama
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.
Durbin Discusses Foreclosure Crisis, Mortgage Bankruptcy Reform with Housing Secretary Nominee
January 15, 2009 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - January 15, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) met with Shaun Donovan, President-elect Barack Obama’s nominee to head the Department of Housing and Urban Development (HUD), today, where he discussed the foreclosure crisis with the nominee and confirmed Donovan’s support of Durbin’s Helping Families Save Their Homes in Bankruptcy Act, a bill that will allow homeowners at risk of foreclosure to alter the terms of their mortgages in bankruptcy
Agreement Reached With One of the Country’s Biggest Mortgage Lenders on Bankruptcy Reform
January 12, 2009 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - January 12, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL), with Congressman John Conyers (D-MI), Senator Chris Dodd (D-CT), Chuck Schumer (D-NY) and Congressman Brad Miller (D-NC) announced that an agreement was reached with Citigroup today, on legislation that will allow homeowners at risk of foreclosure to alter the terms of their mortgages in bankruptcy
Durbin Introduces Bill to Stem Record Foreclosures
January 9, 2009 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - January 09, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today introduced the Helping Families Save Their Homes in Bankruptcy Act, announcing that its passage is a top priority this year. Durbin’s bill could help millions of at-risk homeowners prevent foreclosures by allowing them to modify the terms of their mortgages in bankruptcy proceedings.
