Archives

WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- Today, Congresswoman Cheri Bustos (IL-17), along with other members of the U.S. House of Representatives Transportation and Infrastructure Committee, introduced The Invest In American Jobs Act Of 2013. This bill would create American jobs and revitalize American manufacturing by strengthening the Buy America requirements for transportation and infrastructure projects.

CHICAGO, IL - March 4, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced that the state of Illinois has been ranked #5 in the nation for new and expanded corporate facilities. Illinois moved up two spots from last year’s seventh place ranking, according to the annual analysis by Site Selection magazine, one of the nation’s premier corporate real estate and economic development publications. In 2012, Illinois had 322 corporate facilities locate or expand in the state.

CHICAGO, IL - March 1, 2013 - (RealEstateRama) -- Governor Pat Quinn today continued his commitment to supporting working families in Illinois by announcing the first ever state-sponsored homebuyer expo and proclaiming 2013 as the “Year of Home Ownership.” The governor also announced that hundreds of qualified homebuyers will be able to receive thousands of dollars in financial assistance for down-payments and closing costs through state-supported programs, including a new three-pronged initiative called SmartMove Trio

CHICAGO, IL - February 26, 2013 - (RealEstateRama) -- Governor Pat Quinn today made a number of key appointments to the state’s boards and commissions. In addition to three university boards, the governor filled positions on the Illinois Commerce Commission, the Illinois Housing Development Authority, the Health Information Exchange Authority and the Torture Inquiry and Relief Commission, and several other boards and commissions. Today’s announcement continues his commitment to making Illinois government more accountable, transparent and effective

WASHINGTON, D.C. - February 25, 2013 - (RealEstateRama) -- Eddie Johnson, Jr., 47, of Cahokia, Illinois, was sentenced to 15 months in prison the United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced today. In addition to the prison sentence, Johnson was ordered to serve three years’ supervised release and was ordered to repay to the FBI $6,194.66 in investigative costs.

SPRINGFIELD, IL - February 21, 2013 - (RealEstateRama) -- Illinois home sales increased 31.1 percent over previous-year levels in January and median prices increased 1.2 percent, according to the Illinois Association of REALTORS®

URBANA - February 13, 2013 - (RealEstateRama) -- Governor Pat Quinn today joined University of Illinois leaders to rededicate historic Lincoln Hall following a long-planned $64 million renovation that modernized the building while preserving its past and creating hundreds of jobs. The ceremony took place on Abraham Lincoln’s birthday, exactly 100 years after the building originally opened. Lincoln Hall remains one of the school’s most used instructional buildings and had gone without major improvements since 1930.

CHICAGO, IL - February 12, 2013 - (RealEstateRama) -- Governor Pat Quinn was joined today by representatives from the U.S. Department of Housing and Urban Development (HUD) to announce an $11.98 million award that will strengthen Illinois’ efforts to allow people with disabilities to live independently in the community of their choice. The award will make up to 825 apartments affordable for people who have special needs, and are in financial need, across the state. HUD officials awarded the grant under the Section 811 Supportive Housing for Persons with Disabilities program.

CHICAGO, IL - February 8, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a landmark law that will strengthen communities across Illinois by responsibly fast tracking the foreclosure process and investing more than $120 million to help more families keep their homes. The law will help restore neighborhoods and property values by significantly shortening the foreclosure process to a few months, down from what now takes nearly two years. Today’s signing is the latest action by Governor Quinn to help working families stay in their homes, which will stabilize and grow the Illinois housing market

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- The former treasurer of Madison County, Illinois pled guilty in U.S. District Court on February 5, 2013, to violating the Sherman Antitrust Act, the United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced today. Fred Bathon, 58, was convicted of structuring Madison County property tax sales in a way that increased prices and rewarded campaign contributors.

WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- If you’re 65 years old or older and you live in Cook County, there’s an important property tax deadline for you coming up this Wednesday, February 6, 2013.

CHICAGO, IL - February 1, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced that one year after he launched the Illinois Foreclosure Prevention Network (IFPN), more than a half-million people have connected to its free statewide resources to help keep their homes

Chicago, IL - January 31, 2013 - (RealEstateRama) -- Attorney General Lisa Madigan today joined with 45 of her counterparts to announce a $120 million settlement with Lender Processing Services Inc. (LPS) over allegations that the Florida firm engaged in pervasive “robo-signing” of foreclosure documents and other faulty servicing practices while servicing loans of struggling homeowners

CHICAGO, IL - January 30, 2013 - (RealEstateRama) -- Governor Quinn today announced that Illinois has become a national leader in “green building,” according to a study released by the United States Green Building Council (USGBC), which ranked the state fourth out of 50 states in new Leadership in Energy and Environmental Design (LEED) certifications. The group cited the governor’s commitment to making Illinois a healthier place to live, play, work and grow.

SPRINGFIELD, IL WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- REALTOR® John Vranas, owner of Vranas Ventures Inc., a property management company in Chicago, has been named the 2013 Illinois REALTOR® of the Year by the Illinois Association of REALTORS®.