Yearly Archives: 2016
City of Chicago Awarded Federal Funding to Support 150 Housing Units for Homeless Veterans
Mayor Rahm Emanuel and Chicago Housing Authority (CHA) CEO Eugene Jones Jr. today announced that CHA has been awarded $1.3 million in project-based voucher subsidies with supportive services to support the long-term affordability of housing for homeless veterans, the second-largest award among housing agencies in the country.
The Boulder Group Arranges Sale of Net Lease Starbucks Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 630 Northwest Highway in Cary, Illinois for $1,650,000
The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 4385 South Archer Avenue in Chicago, IL for $6,465,000
East Chicago Residents, Local Housing Officials Settle Civil Rights Complaint
Officials from the East Chicago Housing Authority (ECHA), and current and former ECHA residents (Complainants) have reached a settlement in a civil rights complaint filed with the U.S. Department of Housing and Urban Development (HUD), in regards to the relocation efforts underway in East Chicago, Indiana — where over 1,100 residents are currently being displaced because of lead and arsenic contamination.
Rep. Robin Kelly Leads Letter Objecting to Facebook’s “Ethnic Affinity” Feature
Congresswoman Robin Kelly (D-IL) and Members of the House Energy and Commerce Committee and Congressional Black Caucus today voiced their objections to Facebook’s “Ethnic Affinity” advertising option that allows housing advertisers to exclude certain ethnic groups in marketing and promotion, in a letter to company CEO Mark Zuckerberg
The Boulder Group Arranges Sale of Net Leased CVS Pharmacy Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS Pharmacy located at 6820 North Pear Tree Lane in Peoria, Illinois for $4,198,000.
Rep. Robin Kelly Leads Letter Objecting to Facebook’s “Ethnic Affinity” Feature
Congresswoman Robin Kelly (D-IL) and Members of the House Energy and Commerce Committee and Congressional Black Caucus today voiced their objections to Facebook’s “Ethnic Affinity” advertising option that allows housing advertisers to exclude certain ethnic groups in marketing and promotion, in a letter to company CEO Mark Zuckerberg
The Boulder Group Arranges Sale of a McDonald’s Ground Lease in Hoffman Estates, IL.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a McDonald’s ground lease located at 1070 North Roselle Road in Hoffman Estates, Illinois for $2,990,000.
Durbin Announces Federal Funding For Rural Renewable Energy Development Across Illinois
U.S. Senator Dick Durbin (D-IL) today announced $490,000 in federal funding across Illinois to assist farmers, ranchers, and rural small businesses in developing renewable energy systems, and in making energy-efficiency improvements to their operations
Durbin Announces Federal Funding For Rural Community Development In North Central Illinois
U.S. Senator Dick Durbin (D-IL) today announced $151,500 in federal funding for the North Central Illinois Council of Governments to support rural community development projects. Today’s funding, provided through the U.S. Department of Agriculture’s Rural Community Development Initiative Grant, will provide assistance to benefit 27 lower-income communities located in six surrounding counties: Bureau, Grundy, LaSalle, Livingston, Marshall, Putnam, and Stark.
City of Chicago Housing Initiative Selected as Winner of ULI’s 2016 Robert C. Larson...
The City of Chicago’s Troubled Building Initiative was selected by the Urban Land Institute (ULI) Terwilliger Center for Housing as the winner of the 2016 Robert C. Larson Housing Policy Leadership Award, an annual recognition of the innovative ways the public sector is addressing the country’s affordable housing crisis.
Kreg Allison Unanimously Confirmed as Illinois Real Estate Director
The Illinois Senate unanimously confirmed Kreg Allison as the Director of the Division of Real Estate (DRE) for the Illinois Department of Financial and Professional Regulation (IDFPR) recently. Kreg Allison was appointed Director of the DRE by Illinois Governor Bruce Rauner in January 2016.
Illinois home prices increase in September; Sales slow slightly
September brought continued annual gains in Illinois median home prices, while statewide sales declined slightly, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in September 2016 totaled 13,940 homes sold, down 0.6 percent from 14,029 in September 2015
QUIGLEY JOINS CONGRESSIONAL COLLEAGUES TO HIGHLIGHT IMPORTANCE OF TRANSPORTATION INFRASTRUCTURE
U.S. Representative Mike Quigley (IL-05), a member of the Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD), joined Congressmen Cheri Bustos and Rodney Davis in a bi-partisan congressional panel with the Chicagoland Chamber of Commerce Council on Logistics and Transportation to discuss the importance of transportation and infrastructure in Illinois and efforts Congress is making to continue funding them.
MAYOR EMANUEL ANNOUNCES INNOVATIVE PARTNERSHIP BETWEEN CHICAGO HOUSING AUTHORITY AND CHICAGO PUBLIC LIBRARY THAT...
Mayor Rahm Emanuel joined Chicago Housing Authority (CHA) CEO Eugene Jones, Jr. and Chicago Public Library (CPL) Commissioner Brian Bannon today to announce an interagency partnership that will provide three new mixed-income housing developments with co-located libraries - strengthening communities with affordable housing and community anchors that support life-long learning. In a break from the standard, cookie-cutter designs that are common to government buildings, Mayor Emanuel envisions striking and bold architectural designs for these buildings. As part of the projects, he will call on architectural firms to bid on the work and use their creativity to leave a lasting legacy of public art in neighborhoods across Chicago