Posts tagged "vacant properties"

Connecting the dots between predatory lending, the vacant property crisis and school closings

Michael Tidmore and I recently met front of Daniel S. Wentworth Elementary School, a hulking brick building that sits on a residential block in Englewood. He wondered what’s going to happen to school buildings like this when they’re closed next year under Chicago Public Schools’ plan to shutter 61 facilities while consolidating students and staff.... 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 »

Renters unwitting victims of foreclosure; ordinance aims to keep them in their homes

What happens when residential buildings fall into foreclosure because landlords fall behind on their mortgages? Well, sometimes, instead of the landlords getting punished, the tenants do. It’s a problem that The Chicago Reporter investigated back in 2008, when we found that thousands of Chicagoans were facing illegal evictions after their landlords failed to make payments.... Read more »
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What's up this week: Prisons bursting at the seams; County workshop for set asides; Protesting Harvey's lax take on vacancies

What's up this week: Prisons bursting at the seams; County workshop for set asides; Protesting Harvey's lax take on vacancies
Illinois House members are holding a meeting in Chicago on Wednesday, April 11 to discuss overcrowding in state prisons. The meeting follows Governor Pat Quinn’s suggestion in February that eight state prisons be shuttered in order to save the state $60 million. Tamms “Supermax” prison is on that list and has gotten the most attention.... Read more »

Vacant homes to rentals has potential but also potential problems

Vacant homes to rentals has potential but also potential problems
Vacant homes are trouble. There’s no doubt about it. From attracting squatters, falling into disrepair or lowering home values, there’s not a neighborhood in this city that doesn’t have empty homes creating problems. More are piling onto the market every day, with little hope of a quick recovery. So the Federal Reserve has decided it’s... Read more »

Chicago Reporter pushes city to secure vacant buildings, make banks pay up

Chicago Reporter pushes city to secure vacant buildings, make banks pay up
Today, the Chicago City Council will hear an ordinance that would make banks that own vacant buildings secure their properties and pay up on their delinquent registration fees. That ordinance, supported by Mayor Rahm Emanuel, is a direct result of a Chicago Reporter investigation. Reporter Angela Caputo uncovered the situation in our May issue, showing... Read more »
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Illinois lawmakers to banks: 'Secure your vacant properties'

It’s been more than three years since Chicago’s City Council adopted a vacant buildings ordinance that set standards intended to prevent neighborhoods hit with thousands of foreclosures from turning into junkyards. But like municipalities across Illinois, the city has struggled to hold the owners accountable. And as a Chicago Reporter investigation recently found, it’s some... Read more »