A new study says Chicago-area foreclosure cases are taking longer to process. The data, compiled by Woodstock Institute, says the median time for a house to complete foreclosure in the second quarter of 2011 was 359 days.
A new report by the Shriver National Center on Poverty Law argues that many owners of subsidized housing developments in Illinois discriminate against people who have criminal backgrounds — even when their offenses are decades old.The authors cite one development in Chicago that looks back 99 y
A derelict hotel on Chicago’s Near West Side will soon receive a major makeover. The Union Park Hotel first opened in the 1930s as a combination hotel-apartment building. Eventually, it was turned into the Viceroy Hotel, a single-room-occupancy, or SRO, hotel.
Cities have been tearing down crumbling, vacant houses for decades. The money for municipal demolition bills usually comes out of city budgets, but in Cleveland the housing crisis has started to change that equation.Bill Beavers has lived on Cleveland's Dove Street since 1967.
Chicago Mayor Rahm Emanuel Wednesday announced a new foreclosure initiative that relies on community groups to identify abandoned properties.Standing in front of a rehabbed bungalow home in the Auburn-Gresham neighborhood, Emanuel laid out details for what the city calls the Micro-Market Recovery Pr
A new report suggests Illinois' rate of home foreclosure fell 3.5 percent between June and July. The RealtyTrac Group said the foreclosure rate is now almost 50 percent lower than last year. But there's still some bad housing news: a report from the Illinois Association of Realtors sa
When Bettendorf Place opens in September, it will be one of the only permanent housing facilities for HIV/AIDS patients on Chicago's South Side.Alexian Brothers, a Catholic religious order that focuses on health care, is providing 23 studio apartments for low-income residents in the South Chicago ne