Illinois RealEstateRama

WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- CHA CEO Charles Woodyard and a host of key city officials were on hand Tuesday to commemorate an important snapshot in Chicago’s history – the opening of the Near North Target, 1200 N. Larabee

CHICAGO - December 11, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced more than $1 million in federal aid has been approved to date to help people and households affected by the Nov. 17 tornadoes and severe storms. Federal grants totaling $1.06 million thus far will help with disaster-related expenses such as temporary home rental, home repairs and replacement of damaged personal property items.

Springfield, Ill. - December 11, 2013 - (RealEstateRama) -- While survivors of the Nov. 17 Illinois tornadoes are making repairs to or rebuilding their homes, assistance from the Federal Emergency Management Agency (FEMA) may be available to help pay for a warm, clean and safe place to stay during the cold winter months ahead.

SPRINGFIELD, Ill. - December 10, 2013 - (RealEstateRama) -- A Disaster Recovery Center (DRC) will be opening at 11 a.m. Tuesday, Dec. 10 in Rantoul to serve homeowners, renters and business owners who were affected by the Nov. 17 Illinois tornadoes

CHICAGO - December 10, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced more than 1,470 affordable apartments will be created or preserved for working families, seniors and people with disabilities in communities across the state. Today’s announcement is part of the Governor’s agenda to ensure quality affordable housing for working families, seniors and people with disabilities across Illinois.

WASHINGTON, D.C. - December 9, 2013 - (RealEstateRama) -- Mayor Rahm Emanuel and the Kitchen Community today gathered together with students, teachers, parents, and community volunteers at Peirce Elementary School to celebrate achieving the goal of the 100th Learning Garden at a Chicago Public School (CPS). Since the start of the initiative in 2012, Learning Gardens are now featured in 100 schools, providing over 50,000 children across Chicago every school day hands-on nutrition and science education opportunities

WASHINGTON, D.C. - November 25, 2013 - (RealEstateRama) -- Last week, the Office of the Comptroller of Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) released final rules governing bank deposit advance loans. These products are similar to payday loans because of their triple-digit interest rates, short terms with balloon payments, and lack of underwriting requirements before approval.

BROOKPORT - November 25, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced the delivery of nearly 300 pallets of donated supplies to help people in Brookport recover from the deadly tornado that damaged or destroyed more than 150 homes. Prior to the Nov. 17 tornadoes, the supplies were originally collected to provide assistance for people who were devastated by Typhoon Haiyan, but the Rizal Center has not yet been able to transport the goods to the Philippines.

SPRINGFIELD, Ill. — The Illinois housing market saw October home sales increase 3.7 percent over previous-year levels and median prices rise 13.8 percent, according to the Illinois Association of REALTORS

CHICAGO - November 18, 2013 - (RealEstateRama) -- Governor Pat Quinn today declared seven counties state disaster areas after severe storms generating tornadoes and high winds ripped across Illinois. Hundreds of homes and businesses have been damaged or destroyed, hundreds of thousands of people are without power, and numerous roads throughout the state have been closed by fallen trees and downed power lines. At least six people are reported dead and dozens more injured

Evanston, IL. - November 8, 2013 - (RealEstateRama) -- HOF Isiah Thomas recently acquired a Class A apartment building in Evanston, IL for investment purposes. The property is located at 525 Kedzie Street. It is a modern designed structure consisting of 20 residential units, 42 parking spaces, and 2 commercial spaces. The property was originally constructed in 2007 as a high-end residential condominium building for sale.

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- U.S. Rep. Dan Lipinski (IL-3) today formally requested that the U.S. Department of Labor and the Bureau of Alcohol, Tobacco and Firearms begin an investigation into the circumstances surrounding the reported Nov. 4 blast at a Hanson Materials quarry in McCook that damaged nearby properties and alarmed residents throughout the region. In a letter, the congressman asks that both agencies “ascertain whether laws, regulations, and protocols may have been violated” regarding the purchase, storage and use of explosives

WASHINGTON, D.C. - October 25, 2013 - (RealEstateRama) -- As the state’s most senior member on the House Transportation & Infrastructure Committee, U.S. Rep. Dan Lipinski (IL-3) has helped to pass the bipartisan Water Resources Reform and Development Act (WRRDA). The Act will create jobs by rebuilding our water transportation system and includes many benefits to the region, such as allowing the City of Chicago to proceed with redeveloping a key section of Lake Michigan lakefront. Rep. Lipinski also cosponsored an amendment to the bill to help prevent the spread of Asian carp to the Great Lakes

WASHINGTON, D.C. - October 25, 2013 - (RealEstateRama) -- Today, Congresswoman Tammy Duckworth (IL-08) announced that the U.S. Department of Housing and Urban Development (HUD) has awarded a $278,375 Community Development Block Grant to Des Plaines, Illinois. The grant helps further develop urban communities by creating better living environments and increasing economic opportunities for low- and moderate- income persons.

CHICAGO - October 21, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced the state’s Preservation Now program will finance the preservation of approximately 600 affordable rental units for seniors and people with disabilities in Chicago and Peoria. The project is expected to create more than 500 jobs and is part of the Governor’s agenda to ensure quality affordable housing for working families, seniors and people with disabilities across Illinois