More than 10 percent of the rental units in some of Chicago’s community areas are at risk of foreclosure, and those neighborhoods are mostly in African-American and Hispanic communities, according to a new study.The Lawyers’ Committee for Better Housing’s Tenants in Foreclosure Intervention Project
Home prices around the country have fallen into a double dip. After declining around 30 percent from their peak, they started to rise a bit last summer with the help of a federal tax credit.But with that stimulus gone, prices are now sliding again to new lows.
The chairman of the Chicago Housing Authority board of commissioners is donating his $100,000 stipend to a college scholarship fund for public housing residents.James Reynolds is also kicking in another $25,000 of his own money to Windows of Opportunity, the CHA nonprofit, to start a special board o
Each Monday here on Venture, we aim to give you a headstart on the week's business news in Chicago. We want to get insight into the health of the economy by exploring how people all around us are experiencing it.