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City offers thousands to lure mixed-income buyers; State offers down payment help

A slow housing market means sellers everywhere are trying to lure buyers into purchasing a home.

The Chicago Housing Authority is no different.

If you purchase a home in one of the Plan for Transformation's new mixed-income communities, you could save up to $118,000, according to a press release from Find Your Place in Chicago, a marketing campaign from the city of Chicago and The Partnership for New Communities.

That huge sum comes from three different ways to save:

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