One of the nation’s largest banks Friday provided details about an agreement with some nonprofit groups in Chicago-area neighborhoods devastated by foreclosures. The deal, revealed Wednesday by WBEZ, stems from the collapse of Oak Park-based banking chain FBOP Corp.
Some community leaders on Chicago’s West Side don’t like the way Illinois Gov. Pat Quinn’s administration is doling out funds in a $31 million program to combat Chicago-area youth violence. They wonder why aldermen are involved and why the pastor of Ald.