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