Posts tagged "hate crimes"

Race, poverty and politics: Chicagoland foreclosures spike; public grumbing over River Point TIF; Quinn says pension costs could surpass state's education spending

Chicago-area foreclosures in July were 37 per cent higher than they were a year ago. Citing RealtyTrac data released Thursday, The Chicago Tribune reported that 11,885 homes in Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties were in some stage of foreclosure last month: 5,374 entered the foreclosure process; 3,274 were scheduled for a... Read more »

News Roundup: New study shows gap in credit scores between black and white communities

The growing use of credit scores as a screening method for rental apartments, home loans and utilities could create a significant difference in economic opportunity for people with low credit scores due to both the lack of credit history and poor repayment history. This could negatively impact African Americans based on a new study from... Read more »

News Roundup: New estimate predicts record poverty rate increase: more than 1 in 7 in poverty

The highest increase in the country’s poverty rate since the 1950s may have happened last year. Census data being released this week is expected to show that the nation experienced the large single-year increase in 1959. Also in the news: U.S. Rep. Luis Guiterrez and State Sen. James Meeks have begun to take steps towards... Read more »
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Daley stands by TIF use, won't use money to save schools

Last week, support grew for dispersing Chicago TIF funds to aid the struggling city budget and prevent more cuts to Chicago Public Schools. Yesterday, Mayor Richard M. Daley defended TIFs intended use, including improvements to public transportation hubs like Chicago’s Morgan Street Station that houses CTA’s green and pink lines. Also: In education reform debate,... Read more »