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Illinois    Stories 1 to 10 of 103  (click headline for complete story)
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(FTA) Latest Obama Jobs Plan Could Boost High-Speed Rail, Transit Capital Funds
  The national high-speed rail network begun by White House in 2009 and traditionally earmarked federal transit projects could receive a huge boost, as President Obama announces a $50 billion transportation infrastructure initiative. In his Labor Day ...  09/07/2010 6:36 PM

(BANKS) Nation`s Largest CDFI Fails, Successor to Continue Investment in Low-Income Areas
  After battling financial difficulties – and an attempt at a private bailout this spring – the bank that also served as the nation's largest Community Development Financial Institution (CDFI) is being taken over by the Federal Deposit Insurance Corp. ...  09/01/2010 10:11 AM

(REPORT) Chicago Officials Asked to Provide Youth with Improved Relocation Services
  Chicago Housing Authority (CHA) officials need to provide more supportive services for children of families that have had to move as a result of HOPE VI public housing demolitions, says a new report from The Urban Institute. The latest report, the C...  08/13/2010 2:45 PM

(STATES) Illinois Housing Tax Credit Extended
  Bills designed to boost affordable housing in Illinois, protect homeowners from foreclosure, and ease property taxes for veterans are approved in the Legislature and signed by Gov. Pat Quinn (D). HB 6038 extends the Illinois Affordable Housing Tax C...  08/06/2010 11:30 AM

(NSP) HUD Data Shows 33,000 Homes Built, Repaired, Razed
  Nearly 33,000 homes have already been either built, rehabilitated or demolished nationwide in the Neighborhood Stabilization Program (NSP), according to HUD data released July 20 in its monthly housing snapshot. The projected estimates are believed ...  07/20/2010 5:36 PM

(MODIFICATIONS) HAMP Trial Cancellation Rates Remain Well Above June Permanent Modifications
  The rate of trial modification cancellations in the Treasury Dept.'s Housing Affordable Modification Program (HAMP) remains nearly 45% larger than the active permanent modifications. HUD and Treasury Dept. officials released their June data for the ...  07/20/2010 2:20 PM

(AWARDS) PHAs, Tribes, Nonprofits Get $28 Million in HUD ROSS Service Coordinators Awards
  HUD issues $28 million in fiscal year 2009 awards for its Resident Opportunity & Self-Sufficiency (ROSS) Service Coordinators Program. The competitive awards are given to public housing agencies (PHAs), tribes, designated tribal housing entities...  06/04/2010 4:54 PM

(HOUSING) New LIHTC Partnership Fund Forms to Aid Affordable Housing
  A new low-income housing tax credit partnership fund is formed to make federal tax credits available to owners of affordable rental properties for construction and rehabilitation. The new Illinois Community Fund Limited Partnership (ICF) is formed t...  06/04/2010 4:38 PM

(FUNDING) JP Morgan Chase, Enterprise Open Competition for New Orleans Development Plans
  Nonprofits and college students can compete for shares of $55,000 in awards by submitting a real estate development proposal that would help develop parts of New Orleans. Project abstracts are due by Sept. 24, with complete projects expected no later...  04/15/2010 2:37 PM

(AFFORDABILITY) Blumenauer Seeks to Include Transportation Costs in Home Estimates
  Rep. Earl Blumenauer (D-OR) is ready to introduce legislation on Capitol Hill seeking to include transportation costs in affordability estimate definitions when homebuyers are looking for the right place to live. Blumenauer's soon-to-be-introduced b...  03/24/2010

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