Your NPR news source

The High Price of Homeownership

SHARE The High Price of Homeownership
The High Price of Homeownership

Attorney General Lisa Madigan with Cheryle Jackson, president and CEO of the Chicago Urban League

CRS/file

According to data analyzed by The Chicago Reporter, for three years in a row the Chicago metro area has led the nation in high-cost loans. Residents who receive subprime loans are struggling to pay these mortgages; many eventually lose their homes. African Americans and Latinos are the most likely to be on the receiving end of these loans. What can state government and local communities do to ease the burden on these families?

Listen in as The Chicago Reporter, the Community Renewal Society and The Chicago Urban League host a complimentary program with Illinois Attorney General Lisa Madigan and other key policy and community leaders to discuss this critical issue facing the region.

CRS-webstory.gif

Recorded Thursday, November 29, 2007 at Carpenters League Building.

The Latest
Liesl Olson started as director at The Jane Addams Hull-House Museum earlier this month. She joins WBEZ to talk about her future plans for this landmark of Chicago history. Host: Melba Lara; Reporter: Lauren Frost
The city faces criticism for issuing red light camera tickets at intersections where yellow lights fall slightly short of the city’s 3-second policy. And many traffic engineers say the lights should be even longer.
There was a time Chicago gave New York a run for its money. How did we end up the Second City?
Union Gen. Gordon Granger set up his headquarters in Galveston, Texas, and famously signed an order June 19, 1865, “All slaves are free.” President Biden made Juneteenth a federal holiday last year.
As the U.S. celebrates the second federal holiday honoring Juneteenth, several myths persist about the origins and history about what happened when enslaved people were emancipated in Texas.