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State Invests Federal Tax Credits to Boost Affordable Housing Construction
CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocation of federal tax credits approved by the Illinois Housing Development Authority (IHDA) board.
ATTORNEY GENERAL ERIC HOLDER HONORS MADIGAN SENIOR STAFF MEMBER FOR PROTECTING ILLINOIS HOMEOWNERS
Chicago, IL - October 18, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced a senior attorney in her office was honored by U.S. Attorney General Eric Holder for her leadership in securing a landmark $25 billion national settlement to help struggling homeowners.
Illinois Donates More Than $1.1 Million in Surplus Winter Gear to Help Homeless Stay...
SPRINGFIELD, IL - October 15, 2012 - (RealEstateRama) -- Illinois Department of Central Management Services (CMS) Director Malcolm Weems today announced that the state will donate boots, coats, sleeping bags and other gear to help thousands of homeless individuals stay warm during the upcoming winter season. CMS will donate federal surplus supplies valued at $1.1 million to the homeless through charities, homeless shelters, churches and other humanitarian organizations who enrolled in the surplus program
Governor Quinn Opens Community-Based Student Housing Development in Pilsen
State Provided More Than $8.4 Million to Help Build La Casa Student Housing and Resource Center
CHICAGO, IL - October 12, 2012 - (RealEstateRama) --...
The Chicago Community Trust Awards $231,000 in Grants for Affordable Housing
CHICAGO, IL - October 8, 2012 - (RealEstateRama) -- The Chicago area’s largest regional grant maker, The Chicago Community Trust, today announced $231,000 in grants to advance affordable rental housing.
IEMA Encourages People to Include Pets in Disaster Preparedness Plans
SPRINGFIELD - October 4, 2012 - (RealEstateRama) -- While every household should have a disaster supply kit stocked with food, water, flashlights and batteries, homes with pets need to take additional steps when planning for disasters. Whether an emergency forces people to seek shelter within the home or evacuate, advanced planning can ensure the safety of your animals.
MADIGAN FILES LAWSUITS IN SWEEP OF FRAUDULENT HOME REPAIR COMPANIES
Chicago - September 21, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced she has filed five lawsuits in a sweep of fraudulent home repair businesses that cheated homeowners in Chicago and Central Illinois out of more than $365,000
August home sales in Illinois up 23.7 percent from a year ago; Statewide median...
SPRINGFIELD, IL - September 19, 2012 - (RealEstateRama) -- Home sales in the state rose 23.7 percent over previous year levels, part of a 14-month run of sales increases according to data released today by the Illinois Association of REALTORS®.
STATEMENT FROM ATTORNEY GENERAL MADIGAN ON FIRST PROGRESS REPORT ON NATIONAL FORECLOSURE SETTLEMENT
Chicago, IL - August 30, 2012 - (RealEstateRama) -- In responding to the first report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have begun to receive as a result of the $25 billion settlement reached earlier this year with the nation’s five largest bank mortgage servicers over allegations of widespread “robo-signing” and other fraudulent practices involved in servicing loans of struggling homeowners.
MADIGAN ANNOUNCES $4.7 MILLION GRANT FOR FREE LEGAL HELP FOR CHICAGO AREA HOMEOWNERS
Chicago, IL - August 28, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced that her office has distributed $4.7 million in funding from the national foreclosure settlement reached earlier this year to LAF (Legal Assistance Foundation). Madigan said the grant will help provide much-needed legal services to struggling homeowners in Chicago and suburban Cook County.
MADIGAN ANNOUNCES $4.5 MILLION GRANT FOR FREE LEGAL HELP FOR CENTRAL, SOUTHERN ILLINOIS HOMEOWNERS
O’Fallon - August 24, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced that her office has distributed $4.5 million in funding from the national foreclosure settlement reached earlier this year to the Land of Lincoln Legal Assistance Foundation. Madigan said the grant will help to provide much-needed legal services to struggling homeowners in Central and Southern Illinois
July home sales in Illinois up 25.5 percent from a year ago; Statewide median...
SPRINGFIELD, IL - August 22, 2012 - (RealEstateRama) -- Home sales in the state surged 25.5 percent over previous year levels, with data released today by the Illinois Association of REALTORS® showing signs that the state’s housing market is strengthening.
Department on Aging Invites Seniors and Their Families to Attend Activities at the Illinois...
SPRINGFIELD - August 13, 2012 - (RealEstateRama) -- Illinois Department on Aging (IDoA) will host activities for seniors and their families to attend during the Illinois State Fair, which runs August 10 - 19. IDoA is offering a lineup of special events in the senior center, which is the air conditioned setting of the Illinois Building located near the main gate of the fairgrounds. Attendees 60 years of age and older will be admitted to the fair for free, on Senior Day which is Monday August 13
Governor Quinn Signs Housing Bills to Support People with Disabilities and Protect Homeowners from...
CHICAGO, IL - August 6, 2012 - (RealEstateRama) -- Governor Pat Quinn today signed two new housing laws to provide people with disabilities with more access to affordable rental housing, and to further protect homeowners from mortgage fraud. The supportive housing law makes $10 million in rental housing subsidies available over 15 years to eligible landlords. In addition, the governor announced the commitment of up to $40 million in Illinois Jobs Now! capital funds for developers of permanent supportive housing. These laws build on the governor’s strong commitment to providing more housing options for people with disabilities, and to protecting consumers from predatory lenders.
Quinn Administration Releases Study: Without Pension Reform, Illinois Will Spend More on Pensions than...
CHICAGO, IL - August 6, 2012 - (RealEstateRama) -- Governor Quinn released data today prepared by the Illinois Office of Management & Budget (OMB) that shows without comprehensive pension reform, Illinois will spend more on pensions than education by Fiscal Year 2016. The budget office performed the district-by-district analysis based on current projections to examine the long-term funding challenges of the state if comprehensive pension reform is not enacted. The analysis was released just days after Governor Quinn called a special session dedicated to pension reform on August 17.