Congressman Hultgren Named to Housing and Insurance Subcommittee Overseeing Fannie and Freddie, Flood Insurance

U.S. Representative Randy Hultgren (IL-14), member of the House Financial Services Committee, today was named to the Subcommittee on Housing and Insurance which has jurisdiction over flood insurance including the National Flood Insurance Program (NFIP), Fannie Mae and Freddie Mac, public and private housing, urban development and terrorism risk insurance. Rep. Hultgren was also elevated as Vice-Chairman of the Subcommittee on Capital Markets, Securities and Investment.

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.

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.

Governor Quinn Signs Legislation to Protect Homeowners

SPRINGFIELD, IL - July 13, 2010 - (RealEstateRama) -- July 12, 2010. Governor Pat Quinn today signed two bills into law that will protect consumers from deceptive home repair and remodeling practices. Senate Bill 3645 and Senate Bill 2540 protect homeowners and individuals who have disabilities from fraudulent home repair projects

$1.4M to Fund Free Counseling for IL Homeowners Facing Foreclosure

CHICAGO, IL - May 21, 2010 - (RealEstateRama) -- A new round of more than $1.4 million in federal grant money will enable thousands of homeowners across Illinois to receive free foreclosure counseling, the Illinois Housing Development Authority (IHDA) announced today.

State Awards $15.4M to Help Homeowners, Landlords Afford Home Repairs

Two programs serve low-income residents, create jobs. CHICAGO, IL - February 11, 2010 - (RealEstateRama) -- A new round of $15.4 million in federal affordable housing funds will help low-income residents, including seniors and persons with disabilities, and landlords rehabilitate more than 420 homes across the state, the Illinois Housing Development Authority (IHDA) announced today.

Homeowners, Veterans & Small Businesses Benefit from Halvorson Sponsored Provisions in Tax Credit Bill

December 10, 2009 - (RealEstateRama) -- Working to reduce burdens on our families, small businesses, and veterans, Rep. Debbie Halvorson (IL-11) today voted to pass the Tax Extenders Act of 2009, H.R.4213, which would extend a number of tax relief provisions through 2010.The Tax Extenders Act of 2009 contains three pieces of individual legislation sponsored by Halvorson, which were included into the larger bill. The first, H.R. 2146, would extend an additional standard deduction for state and local real property taxes for homeowners, which would save homeowners money on their tax returns.

Durbin Bill to Stem Record Foreclosures Included in Obama’s Housing Plan

CHICAGO, IL - March 03, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today called for passage of his Helping Families Save Their Homes in Bankruptcy Act, a bill he re-introduced in early January and named one of his top legislative priorities of the year.

Pappas Calls on Mortgage Companies to Rescind “Frightening” Letters to Homeowners, and Apologize

And Demands the Companies Pay Taxes on Escrow Counts as Law Requires CHICAGO, Nov. 8 /PRNewswire-USNewswire/ -- Cook County Treasurer Maria Pappas today called on...

New Illinois Law to Help Protect Homeowners From Foreclosures

AARP-Backed Law Will Toughen Standards for Mortgage Brokers Takes Aim at Consumer Protections from Predatory Loans CHICAGO, Nov. 6 /PRNewswire-USNewswire/ -- In the midst of...

Governor Blagojevich signs anti-predatory lending law, announces borrower outreach initiative to help fight foreclosures

Statewide ban on predatory mortgage products, counseling and face-to-face lenders’ meetings will help families keep their homes SPRINGFIELD – As the nation’s foreclosure rate continues...


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.


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!