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Illinois Launches Smartphone E-License for Regulated Professionals

An alternative to the paper license pocket card is now available for the majority of licensed professionals regulated by the Illinois Department of Financial and Professional Regulation (IDFPR). An estimated 1.1 million active licensees within the Division of Professional Regulation (DPR) and the Division of Real Estate (DRE) may now choose to store an electronic license pocket card on their smartphone or tablet.

Illinois Regulator to Adopt New SAFE Mortgage Loan Originator Test

The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking today announced that it will adopt the new SAFE Mortgage Loan Originator (MLO) National Test Component with Uniform State Content on June 1, 2016. IDFPR is one of 52 state agencies that have adopted the test. Additional states are eventually expected to adopt the new SAFE MLO National Test Component with Uniform State Content

MAYOR EMANUEL, CHICAGO HOUSING AUTHORITY AND OTHERS CUT THE RIBBON ON TERRACE 459 AT...

Mayor Rahm Emanuel, the Chicago Housing Authority (CHA), Congressman Danny Davis, Alderman Walter Burnett, Jr. (27) and Holsten Real Estate today cut the ribbon on Terrace 459 at Parkside of Old Town, the latest development in the revitalization of Cabrini-Green. This phase adds 106 rental units in two buildings at 459 West Division and 1151 North Cleveland, expanding mixed-income housing options in the neighborhood.

April 25 is Illinois REALTORS® Day

In honor of the 100th anniversary of the Illinois REALTORS®, Illinois Gov. Bruce Rauner and state lawmakers declared April 25, 2016 as Illinois REALTORS® Day. Over the last century, the association has emerged as the leading voice for real estate and private property rights in Illinois

CHA Awarded Moving to Work Extension through 2028

The U.S. Department of Housing and Urban Development has announced that the Chicago Housing Authority (CHA) is one of 39 Public Housing Authorities (PHAs) across the country granted Moving to Work (MTW) agreement extensions through 2028.

Chicago Housing Authority CEO Eugene Jones, Jr. and U.S. Department of Housing and Urban...

Chicago Housing Authority CEO Eugene Jones, Jr. and U.S. Department of Housing and Urban Development (HUD) Midwest Regional Administrator Antonio R. Riley announced Monday that CHA has won a $100,000 Chicago Juvenile Reentry Assistance Program grant from HUD and the Department of Justice

CHA receives $100,000 grant to assist youth as part of National Reentry Week

Chicago Housing Authority CEO Eugene Jones, Jr. and U.S. Department of Housing and Urban Development (HUD) Midwest Regional Administrator Antonio R. Riley announced Monday that CHA has won a $100,000 Chicago Juvenile Reentry Assistance Program grant from HUD and the Department of Justice

To Address High Rates Of Lead Exposure Across The Nation

As part of a larger effort by Senate Democrats to combat lead contamination, U.S. Senator Dick Durbin (D-IL) today highlighted new initiatives to protect children in affordable housing from lead poisoning and update the Environmental Protection Agency’s (EPA) lead and copper regulations to establish mandatory lead testing of pipes and water in cities—large and small—across the country. Earlier this week, Senate Democrats introduced the True LEADership Act, a comprehensive plan that recommits the federal government to investing in water infrastructure and lead remediation across the nation.

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko Hometown

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 110 Watters Drive in Dwight, Illinois for $2,115,000.

Hultgren Introduces Legislation to Protect Sensitive Financial Information of Homeowners

U.S. Representatives Randy Hultgren (IL-14) Andy Barr (KY-06) and Mia Love (UT-04) have introduced legislation to protect against the misuse of consumers’ sensitive financial information. The federal government is already making sensitive mortgage information available online and has plans to more than double the information that is published—putting even more personal information at risk of abuse

Illinois home prices climb 4.3 percent in March; sales increase 1.9 percent

The spring market is in swing with steady gains in March median prices and modest growth in statewide home sales even as the housing supply is low for the season, according to the Illinois REALTORS

$151 Million In Federal In Federal Funding Will Help Stabilize Illinois Communities Hit Hardest...

U.S. Senator Dick Durbin (D-IL) today praised the announcement by the U.S. Department of Treasury that the State of Illinois has been awarded $151,299,560 in funding to support efforts to revitalize neighborhoods that were hardest hit by the foreclosure crisis. Today’s funding was awarded through Phase 2 of the Hardest Hit Fund, for which Congress recently appropriated a total of $2 billion. Durbin is a member of the Senate Appropriations Committee and advocated for boosting funding to this program.

Government Needs To Be Part Of The Solution To America’s Lead Crisis

U.S. Senator Dick Durbin (D-IL) today joined 10 of his colleagues at a press conference in Washington, DC to unveil a comprehensive plan that recommits the federal government to a critical role in water infrastructure investment, lead remediation and the strong drinking water protections provided by the Environmental Protection Agency. Today’s True LEADership Act of 2016 includes two bills that Durbin introduced earlier this year:

Foster Urges Transportation Secretary to Address Payer State Problem

In a letter to Transportation Secretary Foxx, Congressman Bill Foster (IL-11) called for the awarding of more transportation grants to Payer States. Payer States receive less in federal funding than they pay out in federal taxes. Illinois, for example, faces an annual shortfall of $40 billion because of this problem.

SBA Makes Federal Relief Available For Illinois Small Businesses Impacted By Severe Winter Storms

U.S. Senators Dick Durbin (D-IL) and Mark Kirk (R-IL) announced today that President Obama has issued a U.S. Small Business Administration (SBA) Disaster Declaration for Christian and Iroquois Counties, which will allow residents and businesses in the region severely impacted by severe storms and flooding this winter to receive SBA loans. The President’s action will ensure that eligible homeowners, renters, and businesses have access to loans to help repair or replace disaster damaged real estate, personal property, machinery, equipment, inventory and business assets.

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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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