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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

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.

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

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

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

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

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.

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

CHICAGO, IL - July 1, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today announced the launch of an innovative program that will target $6.6 million to help low- to moderate-income families afford homeownership, and return vacant homes to productive use in communities across Illinois. This is the latest effort announced as part of Governor Pat Quinn’s proclamation of 2013 as the Year of Homeownership, and will further his administration’s continued commitment to strengthen and stabilize communities.

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.

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.

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

CHICAGO, IL - June 21, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a bill into law that will ensure struggling homeowners in Illinois have a grace period of up to 90 days before foreclosure - giving families extra time to get back on track and stay in their homes. The bill extends an existing law the governor first signed in 2009 and is part of his commitment to keeping Illinois families in their homes and driving our economy forward

SPRINGFIELD, IL - June 20, 2013 - (RealEstateRama) - Illinois home sales increased 24.4 percent over previous-year levels in May and median prices increased 6.9 percent, according to the Illinois Association of REALTORS

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.