Yearly Archives: 2013

Governor Quinn Announces U of I’s Lincoln Hall Earns Nation’s Highest Green Building Designation

URBANA - December 30, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced that the state-funded rehabilitation project at the University of Illinois’ Lincoln Hall has allowed the building to achieve LEED Platinum status, the nation’s highest “green building” designation. This designation is particularly difficult to achieve with projects on historic buildings like Lincoln Hall, and it is only the second historic building in the state of Illinois to be certified LEED Platinum. Today’s announcement is part of Governor Quinn’s commitment to making all state buildings as energy-efficient and environmentally-friendly as possible.

Governor Quinn Announces 5,000 Affordable Rental Homes Financed in 2013

CHICAGO - December 30, 2013 - (RealEstateRama) -- Governor Quinn today announced that the Illinois Housing Development Authority (IHDA) provided more than $471 million in financing this year to make 5,000 quality affordable rental homes available to working families, seniors and people with disabilities. Since Governor Quinn took office, IHDA has provided $2.2 billion in financing to build or preserve more than 19,600 affordable apartments in 131 communities across the state, generating an estimated 20,280 jobs. Today’s announcement is part of the Governor’s agenda to ensure quality affordable housing for people in-need across Illinois.

Resolve to Rebuild Safer and Stronger in 2014

SPRINGFIELD, Ill. - December 30, 2013 - (RealEstateRama) -- Take advantage of a new year to make your family safer in the face of future disasters. The Federal Emergency Management Agency encourages Illinois residents to resolve to rebuild stronger and smarter, reducing the risk of potential devastation caused by events like the Nov. 17 tornadoes

Governor Quinn Signs Legislation to Protect Struggling Homeowners

CHICAGO - December 27, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed legislation to protect Illinois homeowners by preventing a lender from selling a home while the homeowner is applying for a federal mortgage assistance program. This legislation is part of Governor Quinn’s commitment to protecting Illinois families and helping them fight foreclosure

Governor Quinn Requests Federal Aid for Local Governments Hit by Tornadoes

CHICAGO - December 20, 2013 - (RealEstateRama) -- Governor Pat Quinn today requested federal aid to help local governments in nine Illinois counties recover from the Nov. 17 deadly tornado outbreak. Counties included in the request include Champaign, Douglas, Grundy, Massac, Tazewell, Vermilion, Washington, Wayne and Woodford. If the request is approved, local governments could receive reimbursement for 75 percent of eligible disaster-related costs such as overtime, debris removal and repair and replacement of damaged public property.

Illinois home prices continue trend of strong annual gains in November despite lower housing...

SPRINGFIELD, Ill. - December 19, 2013 - (RealEstateRama) -- The Illinois housing market saw November median prices rise 7.4 percent over previous-year levels while statewide home sales dipped 1.8 percent, according to the Illinois Association of REALTORS®.

Lee & Associates Names James Planey Recipient of Leaders of Lee Award

CHICAGO - December 16, 2013 - (RealEstateRama) -- In recognition of 39 years of excellence in real estate, James Planey, SIOR, principal at Lee & Associates Illinois, was the one of the recipients of the 2013 Leaders of Lee award at the Lee broker’s summit, which was held recently in Las Vegas. The award was created to give recognition to those who have made exceptional contributions to the firm and the industry, as a whole

SBA Loans Help Individuals & Businesses on the Road to Recovery

SPRINGFIELD, Ill. - December 13, 2013 - (RealEstateRama) -- Federal Emergency Management Agency (FEMA) officials, along with partners from the U.S. Small Business Administration (SBA) are encouraging homeowners, renters and businesses to apply for low-interest disaster loans to help fund their losses

New Target opens on former Cabrini Green land, provides new opportunities to Chicago Housing...

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

Governor Quinn Announces Federal Aid to Tornado Survivors Tops $1 Million

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.

If Your Home is Uninhabitable, FEMA Rental Assistance May be an Option

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.

Lee & Associates Negotiates $9.16 Million Gold’s Gym-Gurnee Facility Sale in Illinois

GURNEE, Ill. - December 10, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has negotiated a $9.16 million sale involving a former Gold’s Gym facility.

Disaster Recovery Center Opens in Rantoul

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

Governor Quinn Announces More than 1,470 Affordable Apartments to be Built or Rehabbed

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.

Mayor Emanuel and the Kitchen Community Announce the Installation of the 100th Learning Garden...

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


Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.


Make Your Garage Door Quieter

How to Make Your Garage Door Quieter

Did you know that the structural noise from a garage can be anywhere from 5 decibels to 20 decibels above the background noise levels? And if you are wondering how much change would a 20-decibel increase make, then consider this – with a rise of 20 decibels, the sound energy increases by a factor of 100!