Illinois RealEstateRama

U.S. Senator Dick Durbin (D-IL), a member of the Senate Appropriations Committee, today announced that the Consolidated and Further Appropriations Act of 2016 was passed by the Senate.  The bill was passed by the House earlier today and will need to be signed by the President to become law.

U.S. Rep. Cheri Bustos and U.S. Rep. Ron Kind announced that their request for increased funding for rail safety was included in the year end spending bill. The bill is expected to come to the House floor for a vote on Friday

U.S. Representative Randy Hultgren (IL-14) today raised concerns with the Consumer Financial Protection Bureau’s (CFPB) implementation of new reporting requirements under the Home Mortgage Disclosure Act (HMDA) during a hearing of the House Financial Services Committee Subcommittee on Oversight and Investigations

Congresswoman Cheri Bustos sent a letter to Governor Bruce Rauner reiterating her top infrastructure priorities in the 17th Congressional District. Bustos, who serves on the House Transportation and Infrastructure Committee, worked to help pass a bipartisan five-year highway funding bill, the first long-term highway bill to be signed into law in a decade. The bill includes over $7.5 billion in federal highway funding for Illinois over the next five years.

U.S. Senator Mark Kirk (R-Ill.) today discussed his efforts to expand Illinois agricultural exports and honored Donna Jeschke of Grundy County with his Farmer of the Year Award at the Illinois Farm Bureau’s annual meeting, which marked the IFB’s 100th anniversary.

In the flurry of legislative business before the year’s end, the House passed two bills this week to reauthorize transportation infrastructure funding and restore local control of primary and secondary education. Congressman John Shimkus (R, Illinois-15) supported both bipartisan measures.

U.S. Senator Dick Durbin (D-IL) announced a bipartisan, bicameral agreement to authorize and fund transportation programs for the next 5 years.  Durbin – who was a member of the Conference Committee tasked with finding a compromise between the House and Senate versions of the transportation

Congressman John Shimkus (R, Illinois-15) led the U.S. House of Representatives to pass S. 611, the Grassroots Rural and Small Community Water Systems Assistance Act on Monday. The bill, which helps smaller and rural communities deal with the technical and financial challenges of regulations under the Safe Water Drinking Act, passed by voice vote.

The Illinois statewide median price experienced a 6.3 percent annual gain in October. Sales declined slightly as available housing inventory tightened, according to the Illinois Association of REALTORS

Under today’s announcement, the following communities will receive funding from HUD’s Veterans Affairs Supportive Housing (HUD-VASH) tenant-based voucher program, which will help enable homeless veterans and their families to access affordable existing housing of their choice

Positive housing market momentum carried into September with home sales and median prices experiencing healthy year-over-year gains as Illinois headed into the fall market, according to the Illinois Association of REALTORS

The Homes for a Changing Region – Northwest DuPage County Cluster project is working to improve “livability via housing” for the communities of Glendale Heights, Hanover Park, and West Chicago, but to do this we need your help!

In an effort to save mortgage licensees valuable time and resources, the Division of Banking at the Illinois Department of Financial Professional Regulation (DFPR) has created a new Anti-Predatory Loan Database (APLD) Interface. Launched on October 3rd, the interface facilitates the automatic transfer of loan data, saving mortgage licensees from manually re-entering the information. The interface is part of the Department’s ongoing efforts to increase efficiency and regulatory responsiveness

Reps. Dan Lipinski (IL-3) and Carlos Curbelo (FL-26) have introduced legislation to authorize appropriations for the University Transportation Centers (UTC) program for fiscal years 2016 through 2021. Since its implementation by Congress in 1987, over 16,000 students have conducted research within the UTC program to revitalize our infrastructure.

In an effort to save mortgage licensees valuable time and resources, the Division of Banking at the Illinois Department of Financial Professional Regulation (DFPR) has created a new Anti-Predatory Loan Database (APLD) Interface. Launched on October 3rd, the interface facilitates the automatic transfer of loan data, saving mortgage licensees from manually re-entering the information. The interface is part of the Department’s ongoing efforts to increase efficiency and regulatory responsiveness