Posts tagged "eminent domain"

Chicago's use of eminent domain to save homes could be longshot

Chicago's use of eminent domain to save homes could be longshot
Despite impassioned testimony from housing advocates and a cameo appearance by actor John Cusack, it’s far from certain that the city will use eminent domain  to keep troubled borrowers in their homes. To start, Mayor Rahm Emanuel has already stated he opposes the idea, which could mean it’s all but a dead issue. After all,... Read more »

Race, poverty and politics: Rahm says 'no' to eminent domain; 13,000 Dreamers at Navy Pier; House expels Rep. Smith

While the city council met this week to discuss the use of eminent domain in the foreclosure crisis, Mayor Rahm Emanuel simultaneously proclaimed his opposition to the idea, according to Crain’s Chicago Real Estate Daily. “The idea of using eminent domain is not one I support … because I don’t think it’s the right way... Read more »

Barber Shop Preview: Post your news #likes, #dislikes and #WTFs for our monthly news round up show

Barber Shop Preview: Post your news #likes, #dislikes and #WTFs for our monthly news round up show
What headlines this month made you smile, and which ones made you groan? That’s our topic of conversation on this week’s Barber Shop Show, our weekly radio show broadcast live on Vocalo from Carter’s Barber Shop in North Lawndale. Just a few of the stories we’ll be looking at: A possible attempt by the city... Read more »
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Race, poverty and politics: first meeting of the infrastructure trust; city council mulling eminent domain to help troubled homeowners

Rahm Emanuel’s infrastructure trust had its first meeting Thursday. According to Crain’s Chicago Business, the board chairman, a retired Boeing executive, put forward rules to organize the operation of the trust. The group’s activities are expected to be subject to Freedom of Information Act requests. Eventually, the trust will need about $200 million to take... Read more »