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
The Chicago Housing Authority has more on its plate than just providing low-income housing. It’s in the employment game, too. In fact, it’s got a program called Section 3 that’s supposed to hire residents or their businesses.