Posts tagged "vacant homes"

Fast-track foreclosure bill for abandoned homes signed into law

Fast-track foreclosure bill for abandoned homes signed into law
This train is now running express. Under a bill signed into law this month by Gov. Pat Quinn, abandoned homes can be fast-tracked to foreclosure. That means their upkeep becomes the lenders’ responsibility before they fall apart and drag down a neighborhood’s economy and security. The bill will also force banks to pay a fee... Read more »

Vacant spaces don't have to be an eyesore

Here at The Chicago Reporter, we’ve done a lot of reporting about vacancies and what’s wrong with them – the crime, blight and decreasing property values that are associated with vacant homes and lots. But one group in Chicago is highlighting what’s right with vacant spaces – at least, what you can do with them... 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 »
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How many empty homes are sitting on your street? Find out.

There’s a building in my neighborhood I don’t walk by very often. I could. It’s right on the way, as I walk to an apartment of my friend, who lives just a few blocks from me. But I always choose to take another street. Why? Well, there’s a big vacant apartment building on that street.... Read more »

Abandoned foreclosures: Chicago's lost homes

We all know that there are a ton of foreclosures in Chicago. How many? More than 45,000 in the city’s metro area in 2010. But there’s a slice of those, and not a small one, that falls into a different category. They’re almost like ghost homes – not really among the living or the dead.... Read more »