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Posts tagged "City Council"

Politics in review: Medicaid cuts, pension tweaks, cracking down on fugitives, speed cameras

Here’s a week’s worth of political news corralled by the good folks at The Chicago Reporter: After he called for $2.7 billion in Medicaid cuts  in his February budget speech, Governor Pat Quinn finally released the details of his “save Medicaid” plan Thursday.  Cuts to the program, which provides healthcare for some 2.7 million needy... Read more »

Sweet Home Chicago: If not now, when?

It’s clear that Chicago needs more affordable housing. Nearly half of Chicago households paying a mortgage and nearly half of Chicago households paying rent are spending 30 percent or more of their household income on housing and associated costs, according to an analysis of foreclosure and census data by The Chicago Reporter.. Twice this year Chicago... Read more »

Find out how many jobs there are in Chicago by ward

Take a hard left off at the Garfield exit on the Dan Ryan and head east into the heart of Chicago’s 20th Ward for a look at how bleak the local employment scene in some corners of Chicago has become. “That whole stretch is nothing, nothing, nothing, a church, nothing, nothing, nothing, a liquor store... Read more »
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News Roundup: Local Chicago businesses show signs of recovery

The neighborhood around Ford’s South Side assembly plant was hit hard two years ago after the recession caused the plant to lay off 800 workers. Now, with the recent addition of 1200 jobs, the area is showing signs of recovery. Economic indicators show that the nation is slowly recovering, calming fears of a “double dip”... Read more »

News Roundup: Daley's last budget sails through budget committee mostly unchanged

Mayor Daley’s last budget for Chicago made it out of the City Council’s Budget Committee mostly as it went in, with all of the controversial items intact, including a reliance on one-time revenue boosts and dipping into reserves to cover the shortfall. The only major change the committee made was an amendment that restored $3.5... Read more »

News Roundup: Unemployment claims rise unexpectedly

As the economy continues to reel, claims for unemployment benefits increased by 20,000 last week to 457,000, according to the U.S. Department of Labor. Wall Street experts had predicted a smaller jump. More at chicagoreporter.com   Also in the news… CEO of Chicago Public Schools Ron Huberman confirmed that he plans to step down at... Read more »
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News Roundup: City Council expected to vote Wednesday on affordable housing

Chicago Ald. Walter Burnett is expected to force the City Council to vote on the Sweet Home Chicago Ordinance, which would allocate 20 percent of the city’s annual TIF budget to develop affordable housing. More at chicagoreporter.com Also in the news… The number of active trial and permanent home loan modifications under the Home Affordable... Read more »

News Roundup: Poverty on the rise in Chicago's suburbs

According to a new survey by the University of Chicago, the majority of Chicago suburbs suffered a 50 percent increase in the number of poor residents between 2000 and 2008. Suburban social service agencies are struggling to meet the swelling demand, especially in light of financial losses last year. Nonprofit donations are already more difficult... Read more »

News Roundup: Illinois about to get big bill

Illinois will soon have to pay the interest on the $2.2 billion borrowed from the federal government to replenish a depleted Unemployment Insurance Trust Fund. The $250 million interest payment is due in the next 15 months, and is just one in a backlog of unpaid state bills and pension obligations. While the borrowing has... Read more »
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$1.3 million, a politically-connected landord, problem buildings and a correction

Recently, we highlighted a questionable arrangement taking place down at City Hall. Turns out that Chicago officials have not only chosen to overlook a local law that bars problem landlords from doing businesss with the city, they’ve rewarded one quite handsomely. So far this year, Leon Finney Jr. who heads up The Woodlawn Organization, Woodlawn... Read more »