Posts tagged "infrastructure trust"

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 »

A new proposal for Chicago's vacant property woes

In 2011 alone, 6,274 homes in the city of Chicago went through the final stage of foreclosure and were auctioned off, according to data from Woodstock Institute. A vast majority, 94 percent, ended up in the hands of banks. Thousands are still sitting vacant. Many are in communities where the housing market is weak, to... Read more »

Alderman Foulkes: Englewood doesn't trust the Trust -- or Rahm

Alderman Foulkes: Englewood doesn't trust the Trust -- or Rahm
Fifteenth Ward Alderman Toni Foulkes was one of seven council members to vote “nay” on Mayor Rahm Emanuel’s controversial $1.7 billion infrastructure trust last week, in large part because of, well, trust. After the ordinance sailed through city council, Foulkes told the Chicago Sun-Times that residents of Englewood–who comprise a big chunk of her ward–simply... Read more »
Advertisement:

Politics in review: Rep. Rush vows to stop Metra's project; fresh food relief to food deserts; 41 alderman 'trust' Rahm

Politics in review: Rep. Rush vows to stop Metra's project; fresh food relief to food deserts; 41 alderman 'trust' Rahm
Here’s a roundup of political news from the past week: U.S. Rep. Bobby Rush wants to derail Metra before it moves forward with a multimillion-dollar federal construction project in his 1st Congressional District, according to the Chicago Sun-Times. Rush is peeved because none of the bidders vying for the biggest contract–an $86 million construction deal–are... Read more »

What's up this week: Rahm wants alderman to 'trust' him; investigation into state Rep. Smith continues

Here’s a preview of what’s happening on the political front this week: A special city council meeting will be held on Tuesday, April 24. Mayor Rahm Emanuel’s $1.7 billion infrastructure trust will be up for a vote–again. Last week, two mayoral allies prevented the measure from going up for a vote, out of fear that... Read more »

What's up this week: State lawmakers tackle sex trafficking; indicted state pol heads back to work; speed cameras and trust funds

What's up this week: State lawmakers tackle sex trafficking; indicted state pol heads back to work; speed cameras and trust funds
Here’s a preview of what’s on the political agenda this week: The Illinois General Assembly returns to Springfield on April 17. The Chicago Reporter will be watching out for a few things: The Senate’s Criminal Law Committee, slated to meet on April 18 in Springfield, will take a look at changes to the wording of... Read more »
Advertisement: