Archives

Construction Starts on Affordable Homes for Seniors in Bolingbrook

BOLINGBROOK, IL - August 16, 2010 - (RealEstateRama) -- On behalf of the administration of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) Executive Director Gloria L. Materre today joined local officials to celebrate the groundbreaking of 106 homes for low-income seniors in southwest suburban Bolingbrook. Construction on the McKenzie Falls affordable apartments will create an estimated 130 jobs

State of Illinois, Chicago Public Schools and Harris Make List of Top Purchasers of...

CHICAGO, IL - August 12, 2010 - (RealEstateRama) -- The state of Illinois, Chicago Public Schools and Harris N.A. have made the list of the nation’s top 50 green power partners using the most renewable electricity, U.S. Environmental Protection Agency announced today.

New State-funded Affordable Housing for Seniors Opens in Blue Island

BLUE ISLAND, IL - August 12, 2010 - (RealEstateRama) -- As the state’s housing finance agency under Governor Pat Quinn, the Illinois Housing Development Authority (IHDA) today celebrated the grand opening of 90 new affordable homes for seniors in south suburban Blue Island. Senior Suites of Fay’s Point features sustainable building materials and a geothermal heating and cooling system, highlighting the state’s dedication to encouraging green development

Statement from Governor Quinn on Increased Federal Foreclosure Prevention Efforts

CHICAGO, IL - August 12, 2010 - (RealEstateRama) -- Governor Pat Quinn today issued a statement praising the Obama Administration’s announcement of additional support to “Hardest Hit” states with high unemployment to assist in foreclosure prevention. The U.S. Department of the Treasury will make $2 billion of additional assistance available to unemployed homeowners struggling to make mortgage payments. Illinois is eligible to receive more than $166 million in federal funding to help unemployed homeowners having trouble making mortgage payments

HUD CHARGES CHICAGO REAL ESTATE GROUP AND PROPERTY OWNERS WITH HOUSING DISCRIMINATION

WASHINGTON, DC - August 10, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Chicago couple, their real estate agent, and a real estate broker with refusing to sell a home listed for $1.799 million to a black couple because of their race, in violation of the Fair Housing Act. The charge alleges that owners Daniel and Adrienne Sabbia and real estate agent Jeffrey Lowe stalled negotiations and took the property off the market after receiving a $1.7 million offer from radio personality and comedian George Willborn and his wife, businesswoman Peytyn Willborn.

Governor Quinn Announces Illinois a Top Green Power-Purchasing State

U.S. EPA Ranks Illinois as Second-Highest Green Power Purchasing State CHICAGO, IL - August 5, 2010 - (RealEstateRama) -- Governor Pat Quinn today announced that, for the first time ever, Illinois is ranked on the U.S. Environmental Protection Agency’s (EPA) list of the nation’s 50 largest green power purchasers. Illinois ranked 23 overall and second among state governments listed

Rep. Foster Holds Realtors Roundtable

Batavia, IL - August 4, 2010 - (RealEstateRama) -- Today, Rep. Bill Foster (IL-14) held a meeting with area Realtors in his Batavia office to discuss their important role in growing our economy and creating jobs.

Governor Quinn Signs Legislation to Spur Construction of Affordable Housing, Job Creation

CHICAGO, IL - August 3, 2010 - (RealEstateRama) -- Governor Pat Quinn today signed legislation that will boost affordable housing development across Illinois. Governor Quinn also signed a bill into law that will for the first time create funding to protect Illinois homeowners from foreclosure, and help stabilize communities throughout the state

Pet and Livestock Safety Focus of IEMA’s 12-Month Preparedness Campaign during August

SPRINGFIELD, IL - August 3, 2010 - (RealEstateRama) -- While every household should have a disaster preparedness kit stocked with survival necessities such as food, water, flashlights and batteries, homes with pets and livestock need to take an extra step when planning for disasters. Whether an emergency forces people to seek shelter within the home or evacuate, advanced planning can ensure pet and livestock safety and make the situation much less stressful.

Governor Quinn Signs Major Property Tax Legislation to Benefit Millions of Illinois Homeowners

CHICAGO, IL - August 2, 2010 - (RealEstateRama) -- August 1, 2010. Governor Pat Quinn today signed a bill into law to reform property assessments for millions of Illinois homeowners and provide property tax relief for Cook County residents.

Hare Secures $1 Million for the I-74 Bridge

July 30, 2010 - (RealEstateRama) -- Congressman Phil Hare (D-IL), a member of the House Transportation and Infrastructure Committee, tonight voted for the Fiscal Year 2011 Transportation and Housing and Urban Development Appropriations Act which included $1 million for the I-74 Bridge. This is in addition to the $1.2 million he secured last year.

Governor Quinn Signs Legislation to Improve Fire Safety throughout Illinois

BLOOMINGTON, IL - July 28, 2010 - (RealEstateRama) -- Governor Pat Quinn today signed a bill into law that requires fraternity and sorority housing in Illinois to install automatic fire sprinkler systems. Governor Quinn also highlighted a new law that requires housing units in Illinois to have a backup power supply for all smoke detectors that are wired to a building’s electrical supply.

Illinois Home Sales Up 10 Months in a Row, Chicago Region a Full Year...

SPRINGFIELD, IL - July 23, 2010 - (RealEstateRama) -- Home prices in Illinois are showing signs of stabilizing with continued positive year-over-year median price growth and 10 straight months of mostly double-digit sales increases; the Chicago region marked a year of positive sales activity in June. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in June 2010 were up 18.3 percent, totaling 13,072 homes sold compared to June 2009 sales of 11,048 homes. The median price in June 2010 was $170,000, up 2.5 percent from $165,825 in June 2009. The median is a typical market price where half the homes sold for more, half sold for less.

Two Affordable Housing Developments Open in Chicago’s North Side

CHICAGO, IL - July 21, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA), under the direction of Governor Pat Quinn, today announced the opening of the Wilson Yard mixed-used redevelopment project in Chicago’s Uptown neighborhood. Along with Mayor Richard M. Daley, Alderman Helen Shiller, Holsten Real Estate Development Corporation and other local dignitaries, IHDA celebrated the opening of the development which includes two affordable rental housing developments, a Target store and other retail and office space.

Quinn Administration Breaks Ground on Stimulus-funded Housing for Families with Special Needs

ROCK ISLAND, IL Work Begins on Rock Island Development On behalf of the administration of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) officials today celebrated the groundbreaking of new federal stimulus-funded affordable rental housing to serve Rock Island families with special needs.

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

Make Your Garage Door Quieter

How to Make Your Garage Door Quieter

Did you know that the structural noise from a garage can be anywhere from 5 decibels to 20 decibels above the background noise levels? And if you are wondering how much change would a 20-decibel increase make, then consider this – with a rise of 20 decibels, the sound energy increases by a factor of 100!