Yearly Archives: 2014

Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

Today, U.S. Representative Mike Quigley (IL-05) fought to expand federal housing assistance and protect funding and eligibility for vital infrastructure programs that improve the economy and support local communities, including projects in Chicago and Cook County. His efforts come as the House Appropriations Committee considers the FY15 Transportation, Housing and Urban Development (THUD) Appropriations bill Fisher Investments Jay Carlson

Illinois median home prices increase 7.6 percent in April, home sales decrease 7.8 percent...

SPRINGFIELD, Ill. - May 22, 2014 - (RealEstateRama) -- Illinois home prices continued an upward trend with April marking 20 consecutive months of year-over-year gains. Tighter inventory continued to affect home sales, which decreased 7.8 percent over previous-year numbers, according to the Illinois Association of REALTORS®

Foster Supports Bipartisan Legislation To Maintain And Develop Waterways Infrastructure

Washington, DC - May 21, 2014 - (RealEstateRama) -- Today, Congressman Bill Foster (IL-11) voted for H.R. 3080, the Water Resources Reform and Development Act (WRRDA). The legislation will now be sent to the Senate for a final vote. WRRDA authorizes the Army Corps of Engineers to construct and maintain infrastructure on the Inland Waterways System. Several facilities in Illinois’ 11th District are funded through WRRDA, including the Brandon Road Lock and Dam

Kirk Votes to End Housing Bailouts

WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- U.S. Senator Mark Kirk (R-Ill.) released the following statement today prior to the banking subcommittee's markup of Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo's (R-Idaho) housing reform legislation

Kirk Tours Disabled Vet’s Home, Touts Support for HAVEN Act

LA GRANGE, Ill. - May 12, 2014 - (RealEstateRama) -- As veterans continue to return home with service-related injuries and disabilities, U.S. Sen. Mark Kirk (R-Ill.) today visited a newly refurbished home in La Grange, Ill., to announce his support for S. 1387, the HAVEN Act. This bill will create a pilot program under the Department of Housing and Urban Development to enhance ongoing efforts by nonprofit organizations that repair and refurbish homes for disabled and low-income veterans. These public-private partnerships will require a 50 percent match by the organization receiving the funds.

Redeploy Illinois Program Diverts Thousands of Youth From Prison System, Saves State $60 Million

CHICAGO - April 23, 2014 - (RealEstateRama) -- The state of Illinois has diverted thousands of youth from prison and onto the right path, while saving $60 million in incarceration costs, according to the 2012-2013 Redeploy Illinois annual report recently released by the Illinois Department of Human Services (IDHS

Illinois median home prices increase in March;

SPRINGFIELD, Ill. - April 22, 2014 - (RealEstateRama) -- Illinois home sales decreased 11.6 percent over previous-year levels in March while median prices increased 9.7 percent, according to the Illinois Association of REALTORS

Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events

SPRINGFIELD - April 3, 2014 - (RealEstateRama) -- Illinois EPA Director Lisa Bonnett today, as part of the Agency’s Earth Month activities, announced household hazardous waste collections have been scheduled in eight communities for spring 2014.  Through household hazardous waste collections, citizens are given the opportunity to safely dispose of unused or leftover household products commonly found in homes, basements and garages.  Today’s announcement is part of Governor Quinn’s agenda to protect our natural resources and ensure a clean and healthy environment for future generations

Governor Quinn Announces Major Home Loan Program for First-Time Buyers in Illinois

SPRINGFIELD - April 2, 2014 - (RealEstateRama) -- Governor Pat Quinn today announced his new Welcome Home Illinois loan program to help make homeownership a reality for Illinois’ first-time home buyers. The program provides $7,500 in down-payment assistance with an interest rate as low as 3.99 percent for a secure, 30-year fixed rate mortgage. Today’s announcement is part of Governor Quinn’s agenda to drive economic growth by making homeownership more affordable in Illinois

Governor Quinn Delivers Fiscal Year 2015 Budget and Five-Year Blueprint to Secure Illinois’ Financial...

SPRINGFIELD - March 27, 2014 - (RealEstateRama) -- Governor Quinn today proposed his Fiscal Year 2015 Budget, “Securing Illinois’ Financial Future.” The Governor’s address detailed an honest and responsible budget for the next fiscal year along with a five-year blueprint that will secure the state’s finances for the long-term, provide significant tax relief to homeowners and working families and invest like never before in education and early childhood

Governor Quinn Announces U.S. Treasury Support of New Community Stabilization Effort

CHICAGO - March 27, 2014 - (RealEstateRama) -- Governor Pat Quinn today announced the U.S. Department of the Treasury will support the Illinois Housing Development Authority (IHDA) efforts to leverage up to $30 million of its federal Hardest Hit Fund (HHF) resources to eliminate blight in communities throughout the state. Today’s announcement is part of Governor Quinn’s commitment to stabilize neighborhoods and return vacant properties to productive use to advance the economy

Pircher, Nichols & Meeks Hires C.J. Loos As New Associate

CHICAGO - March 25, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced that C.J. Loos has joined the firm as a new associate in the Chicago office. Ms. Loos’ background includes a variety of legal projects, with emphasis on corporate and real estate law

Weather and lower inventory impact February Illinois home sales but median prices see annual...

SPRINGFIELD, Ill. - March 20, 2014 - (RealEstateRama) -- Illinois home sales decreased 6.2 percent over previous-year levels in February while median prices increased 6.9 percent, according to the Illinois Association of REALTORS®.

Governor Quinn Salutes Downtown Chicago Development and Workers Making it Happen

CHICAGO - March 19, 2014 - (RealEstateRama) -- Governor Pat Quinn today saluted the developers and workers on the 111 W. Wacker project in downtown Chicago. The $180 million project by Related Midwest has employed more than 1,000 skilled construction workers and is transforming a long-vacant and partially-completed building into a new residential tower. Today’s event is part of Governor Quinn’s agenda to create jobs and drive Illinois’ economy forward

Kirk Statement on Housing Finance Reform

WASHINGTON - March 13, 2014 - (RealEstateRama) -- U.S. Senator Mark Kirk (R-Ill.) today released the following statement regarding the housing finance reform agreement announced by Senate Banking Committee Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho)

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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.

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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!