Bustos, Durbin, Kirk, Davis Bipartisan Bill to Improve Illinois Locks & Dams Advances, Moves...
WASHINGTON, D.C. - September 25, 2013 - (RealEstateRama) -- Today, Congresswoman Cheri Bustos (D-IL-17), Senator Dick Durbin (D-IL), Senator Mark Kirk (R-IL) and Congressman Rodney Davis (RIL-13) announced that a key provision of their bipartisan and b...
Kirk Amendment Confronts Reverse Mortgages
WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- U.S. Senator Mark Kirk (R-Ill.) today applauded the Senate Banking, Housing and Urban Affairs Committee’s approval of Federal Housing Administration (FHA) solvency legislation that includes his a...
THUD Bill Drastically Cuts Vital Infrastructure and Housing Program
Washington, DC - July 31, 2013 - (RealEstateRama) -- Today, U.S. Representative Mike Quigley (IL-05) speaks out against drastic cuts to infrastructure and housing programs made in the FY 2014 Transportation, Housing and Urban Development Appropriations...
IDHR and Lawyers’ Committee for Better Housing Unveil Fair Housing Webinar Series
CHICAGO - July 25, 2013 - (RealEstateRama) -- The Illinois Department of Human Rights (IDHR) and the Lawyers’ Committee for Better Housing today announced the release of a new Fair Housing Webinar series funded as a partnership project by the U. S. D...
State’s Investment of Federal Tax Credits to Create and Preserve More Affordable Housing
STATEWIDE - July 25, 2013 - (RealEstateRama) -- Affordable housing for seniors, working families and people with disabilities is on the horizon for Illinois communities. As the state housing finance agency under Governor Pat Quinn, the Illinois Housing...
Rep. Foster Introduces Amendment To Protect 30-Year Mortgages For Middle Class Families
Washington, D.C. - July 24, 2013 - (RealEstateRama) -- Congressman Bill Foster introduced an amendment to the PATH Act, Republican legislation which would radically remake housing finance policy leading to fewer opportunities for home ownership for mid...
Kirk Stresses Key Role of Community Banks
WASHINGTON, D.C. - July 24, 2013 - (RealEstateRama) -- Following a Senate Banking Subcommittee hearing, U.S. Senator Mark Kirk (R-Ill.) today released a statement on the role of community banks in the housing finance system, and expressed his support f...
Congresswoman Duckworth Announces U.S. Department of Housing and Urban Development Grants
WASHINGTON, D.C. - July 23, 2013 - (RealEstateRama) -- Today, Congresswoman Tammy Duckworth (IL-08) announced the U.S. Department of Housing and Urban Development (HUD) has awarded over $67 million dollars in grants to be allocated throughout specific ...
Illinois marks two years of sales gains; sales surge 14.9 percent with strong median...
SPRINGFIELD, IL - July 22, 2013 - (RealEstateRama) -- Illinois home sales increased 14.9 percent over previous-year levels in June and median prices increased 9.7 percent, according to the Illinois Association of REALTORS®, continuing an impressive ru...
FEMA Mitigation Outreach July 16 through July 21
AURORA, IL - July 15, 2013 - (RealEstateRama) -- Individuals who sustained storm damages can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation tea...
Kirk Joins Banking Committee Senators on Bill to Transform Fannie Mae and Freddie Mac,...
WASHINGTON, D.C. - July 10, 2013 - (RealEstateRama) -- U.S. Senator Mark Kirk (R-Ill.) today announced his support for the Housing Finance Reform and Taxpayer Protection Act, S. 1217, led by U.S. Senators Bob Corker (R-Tenn.) and Mark Warner (D-Va.) an...
Congresswoman Duckworth Announces More Than $1 million Investment to Secure Flooded Land in Wood...
WASHINGTON, D.C. - July 3, 2013 - (RealEstateRama) -- On Wednesday, July 3, Congresswoman Tammy Duckworth (IL-08) announced that the Federal Emergency Management Agency (FEMA), has awarded a grant of $1,093,748 to help Wood Dale secure flooded land. Th...
New Supportive Housing Serves Veterans in Revitalized Macon County Development
DECATUR - July 3, 2013 - (RealEstateRama) -- This Fourth of July, veterans who are at risk of homelessness will have a safe and decent place to call home in Decatur. The Illinois Housing Development Authority (IHDA), the state housing finance agency un...
FEMA Mitigation Outreach July 2 through July 7
AURORA, IL - July 2, 2013 - (RealEstateRama) -- Individuals who sustained storm damages can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation team...
US Department of Labor announces $2 million to assist storm recovery in Illinois
WASHINGTON, DC - July 1, 2013 - (RealEstateRama) -- The U.S. Department of Labor today awarded a $2 million National Emergency Grant to assist with cleanup and recovery efforts following severe storms, straight-line winds and flooding in 40 counties th...
Reps. Quigley, Schiff and Lee Announce $3 Million in Additional Funding for Housing Opportunities...
WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- This week, Reps. Mike Quigley (D-IL), Adam Schiff (D-CA) and Barbara Lee (D-CA) announced that the Appropriations Committee passed their amendment to the annual Transportation, Housing and Urban Dev...
New Program to Turn Vacant Homes into Affordable Homeownership Opportunities
CHICAGO, IL - July 1, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today announced the launch of an innovative program that will target $6.6 million to help low- to moderate-income families afford homeownership, and retu...
Woodstock Institute report identifies recommendations for vacant building data collection in Chicago region
WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- Enhanced data collection by municipalities in the Chicago six county region will help the region address the problem of vacant buildings, a new report by Woodstock Institute found. The report, Deci...
FEMA Mitigation Outreach June 25 through June 30
AURORA, IL - June 25, 2013 - (RealEstateRama) -- Individuals who sustained damages during the recent severe weather can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one...
Has a FEMA Housing Inspector Assessed Damage to Your Dwelling?
AURORA, IL - June 25, 2013 - (RealEstateRama) -- A FEMA-contracted housing inspector must visit your damaged dwelling before a determination can be made that you are eligible for an Individual Assistance grant to help repair damage caused by the storms...