Yearly Archives: 2016

CHA CEO Eugene Jones, Jr., speaks at City Club of Chicago

During a speech at the City Club of Chicago, Chicago Housing Authority (CHA) CEO Eugene “Gene” Jones, Jr. today outlined how the nation’s second largest public housing agency is creating opportunities for residents and changing Chicago’s neighborhoods through holistic development strategies that were set in motion over a decade ago.

Spring home buying season off to strong start in the North Shore and Barrington...

May xx, 2016 — Local home sales data for April is in and it confirms that the prevailing trends of last year have continued into 2016 with strong positive indicators for the spring home sales season.

National Payday Rule Could Save Illinois Millions

The Consumer Financial Protection Bureau unveiled a proposal for a new national rule on payday and car title lending that has the potential to save Illinois residents millions if changes are made before the rule is finalized.

Mayor Emanuel Announces Elks National Service Commission Grant to Support Chicago in Addressing Veterans...

Mayor Rahm Emanuel today announced the City’s Ending Veterans Homelessness Initiative (EVHI) is receiving a $100,000 grant from the Elks National Veterans Service Commission that will be used to launch a Veterans Emergency Fund. The $100,000 in private funding, provided by the Elks, will help support at least 50 veterans in securing stable housing, and is another step in the City’s commitment to ending veteran homelessness in Chicago

Illinois Begins Using Uniform Mortgage Test

The Conference of State Bank Supervisors (CSBS) announced today that the Illinois Department of Financial and Professional Regulation (IDPFR or the Department) began using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State Content starting today, bringing the total number of state agencies that use the test to 52.

New IDOT Multiyear Plan Outlook Improves, Long-Term Need for Infrastructure Remains

The Illinois Department of Transportation today released a $11.2 billion plan to improve Illinois roads and bridges over the next six years, a $2.8 billion increase fueled by a boost in federal funding and a commitment to direct more resources at construction

HUD EXTENDS CHA’S MOVING TO WORK STATUS

Addressing a crowd gathered at a breakfast to honor the achievements of young people, Chicago Housing Authority CEO Eugene Jones, Jr., commended two CHA scholarship recipients for their accomplishments and announced that a recent decision by the federal Department of Housing and Urban Development (HUD) to extend the agency's Moving To Work (MTW) status for another 10 years will allow thousands more to also have new opportunities

April brings strong gains in Illinois home sales and prices

The Illinois housing market accelerated in April with robust home sales and a double-digit year-over-year jump in the statewide median price, according to the Illinois REALTORS

HUD ANNOUNCES $630,000 AGREEMENT WITH ILLINOIS PROPERTY OWNERS, MANAGERS ACCUSED OF DISCRIMINATING AGAINST APPLICANTS...

The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a $630,000 agreement with a group of Illinois property owners and a management company resolving allegations they violated the Fair Housing Act and Section 504 of the Rehabilitation Act of 1973 by using rental screening policies that prevented applicants with mental disabilities from living in a supportive living complex the group owned. Read the agreement.

Illinois RPS Legislation will Sidetrack Solar Energy Growth

Following is a statement by Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on Illinois energy legislation

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Chicago’s Bucktown...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000

The Boulder Group Arranges Sale of Bank of America Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.

Kirk Supports Investments in Illinois Innovation to Help Argonne, Fermilab Compete with China

Senate FY17 Energy & Water Bill Includes Kirk-Driven Provisions to Boosts Supercomputer Development, Strengthens Illinois Waterway Infrastructure; Bill Funds National Labs, Waterway Infrastructure, Cybersecurity Improvements

Illinois Launches Smartphone E-License for Regulated Professionals

An alternative to the paper license pocket card is now available for the majority of licensed professionals regulated by the Illinois Department of Financial and Professional Regulation (IDFPR). An estimated 1.1 million active licensees within the Division of Professional Regulation (DPR) and the Division of Real Estate (DRE) may now choose to store an electronic license pocket card on their smartphone or tablet.

Illinois Regulator to Adopt New SAFE Mortgage Loan Originator Test

The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking today announced that it will adopt the new SAFE Mortgage Loan Originator (MLO) National Test Component with Uniform State Content on June 1, 2016. IDFPR is one of 52 state agencies that have adopted the test. Additional states are eventually expected to adopt the new SAFE MLO National Test Component with Uniform State Content

Popular

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.

Recent

How to Evaluate if Managed IT Services Suit Your Real Estate Business

How to Evaluate if Managed IT Services Suit Your Real Estate...

Technology has become a cornerstone for businesses, playing a crucial role across industries, including real estate. Whether managing property listings, ensuring seamless communication with clients, or safeguarding