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Congresswoman Duckworth Announces U.S. Department of Housing and Urban Development Grants

WASHINGTON, D.C. - July 23, 2013 - (RealEstateRama) -- Today, Congresswoman Tammy Duckworth (IL-08) announced the U.S. Department of Housing and Urban Development (HUD) has awarded over $67 million dollars in grants to be allocated throughout specific counties, cities and the state of Illinois. The Community Development Block Grant, which has been awarded to Cook, Dupage, and Kane counties as well as multiple cities including Elgin, Palatine and Schaumburg, aims to help further develop urban communities by creating better living environments and increasing economic opportunities

Governor Quinn Announces Major Progress Helping Families Stay in Their Homes Through Hardest Hit...

CHICAGO, IL - July 22, 2013 - (RealEstateRama) -- Governor Pat Quinn today was joined by U.S. Department of the Treasury officials to announce the success of his Illinois Hardest Hit Program and urge homeowners to apply for up to $35,000 in mortgage payment assistance by Sept. 30 when the program ends. Since taking office in the midst of the worst recession since the Great Depression, Governor Quinn has worked hard to keep Illinois families in their homes. In the last year, properties in foreclosure have dropped to 73,688, a nearly 29 percent decrease from last year, and the downward trend continues in Illinois

FEMA Mitigation Outreach July 16 through July 21

AURORA, IL - July 15, 2013 - (RealEstateRama) -- Individuals who sustained storm damages can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation teams located at home improvement centers throughout the area.

Kirk Joins Banking Committee Senators on Bill to Transform Fannie Mae and Freddie Mac,...

WASHINGTON, D.C. - July 10, 2013 - (RealEstateRama) -- U.S. Senator Mark Kirk (R-Ill.) today announced his support for the Housing Finance Reform and Taxpayer Protection Act, S. 1217, led by U.S. Senators Bob Corker (R-Tenn.) and Mark Warner (D-Va.) and supported by a bipartisan group of eight members on the Senate Banking, Housing and Urban Affairs Committee. The bill would establish a new housing finance system—one void of the government-sponsored enterprises Fannie Mae and Freddie Mac that take all the private gain while exposing taxpayers to all the risk. Under the proposed legislation, the new housing finance system would be based on a greater reliance on private capital, while shielding taxpayers from loss, and maintaining a liquid mortgage marketplace

Congresswoman Duckworth Announces More Than $1 million Investment to Secure Flooded Land in Wood...

WASHINGTON, D.C. - July 3, 2013 - (RealEstateRama) -- On Wednesday, July 3, Congresswoman Tammy Duckworth (IL-08) announced that the Federal Emergency Management Agency (FEMA), has awarded a grant of $1,093,748 to help Wood Dale secure flooded land. The grant will fund the acquisition and demolition of five residential properties that are regularly flooded by the Salt Creek. The land will be returned to beneficial flood plain and deeded in perpetuity to remain open space

New Supportive Housing Serves Veterans in Revitalized Macon County Development

DECATUR - July 3, 2013 - (RealEstateRama) -- This Fourth of July, veterans who are at risk of homelessness will have a safe and decent place to call home in Decatur. The Illinois Housing Development Authority (IHDA), the state housing finance agency under Governor Pat Quinn, today helped celebrate the grand opening of North Street Commons, an affordable development that achieved the dual goal of supporting veterans and stimulating Decatur neighborhoods

FEMA Mitigation Outreach July 2 through July 7

AURORA, IL - July 2, 2013 - (RealEstateRama) -- Individuals who sustained storm damages can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation teams located at home improvement centers throughout the area

US Department of Labor announces $2 million to assist storm recovery in Illinois

WASHINGTON, DC - July 1, 2013 - (RealEstateRama) -- The U.S. Department of Labor today awarded a $2 million National Emergency Grant to assist with cleanup and recovery efforts following severe storms, straight-line winds and flooding in 40 counties throughout Illinois between April 16 and May 5.

Reps. Quigley, Schiff and Lee Announce $3 Million in Additional Funding for Housing Opportunities...

WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- This week, Reps. Mike Quigley (D-IL), Adam Schiff (D-CA) and Barbara Lee (D-CA) announced that the Appropriations Committee passed their amendment to the annual Transportation, Housing and Urban Development (THUD) Appropriations Bill which would increase funding for the Housing Opportunities for Persons with AIDS (HOPWA) program by $3 million

Woodstock Institute report identifies recommendations for vacant building data collection in Chicago region

WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- Enhanced data collection by municipalities in the Chicago six county region will help the region address the problem of vacant buildings, a new report by Woodstock Institute found. The report, Deciphering Blight: Vacant Buildings Data Collection in the Chicago Six County Region, recommends several steps municipalities can take to improve and standardize data collection.

FEMA Mitigation Outreach June 25 through June 30

AURORA, IL - June 25, 2013 - (RealEstateRama) -- Individuals who sustained damages during the recent severe weather can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation teams located at home improvement centers throughout the area.

Has a FEMA Housing Inspector Assessed Damage to Your Dwelling?

AURORA, IL - June 25, 2013 - (RealEstateRama) -- A FEMA-contracted housing inspector must visit your damaged dwelling before a determination can be made that you are eligible for an Individual Assistance grant to help repair damage caused by the storms of April 16 to May 5.

Quigley: T-HUD Appropriations Bill Drastically Cuts Critical Infrastructure and Housing Programs

WASHINGTON, D.C. - June 21, 2013 - (RealEstateRama) -- Today, U.S. Representative Mike Quigley (IL-05) released the following statement in response to yesterday’s T-HUD Appropriations subcommittee markup of the FY 2014 Transportation, Housing and Urban Development Appropriations bill

No Coverage for Damaged Wells and Septic Systems? Try FEMA or SBA

AURORA, IL - June 21, 2013 - (RealEstateRama) -- Homeowners may be eligible for disaster assistance for repairs to private wells and septic systems damaged or contaminated by the spring storms between April 16 and May 5.

New Affordable Housing Developments to Serve Kane County Families and Seniors

EAST DUNDEE - June 10, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA), on behalf of Governor Pat Quinn, celebrated the grand opening of River Haven Place and Gardiner Place apartments – which will create an affordable housing campus serving families and seniors in Kane County. River Haven Place and Gardiner Place apartments stimulated the economy of East Dundee by creating nearly 300 construction and ongoing jobs, and will enable generations of families to live near each other in their home communities.

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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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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