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Housing
PI Original
by Angela Caputo
5:16pm
Mon Mar 9, 2009

Housing Activists Ready To "Get Tough On The Banks"

State Legislature

The
scene on the 3400 block of West Albany on Chicago’s Northwest Side
speaks for itself. Four large apartment buildings that recently fell
into foreclosure sit vacant and boarded up. Community activist Diane
Limas is asking the pertinent question: “What good does this do ...

PI Original
by Progress Illinois
10:20am
Sun Mar 8, 2009

Rounding Out The Week

Gay Rights

Over the past few days, the ball has moved down the field on a number of stories we've been following.  Here's the latest:

- We've watched as congressional legislation allowing bankruptcy judges to modify mortgages has been put on the back-burner again and again over the ...

PI Original
by Adam Doster
2:34pm
Wed Mar 4, 2009
1 comment

Bean And The Blue Dogs

Dick Durbin

After a winter storm
blanketed much of the Washington, D.C. area on Monday, making it difficult
for lawmakers to get back to the capitol from their districts, the
House pushed back the items on this week’s agenda, including a possible vote on their version of Sen. Dick ...

PI Original
by Adam Doster
2:48pm
Mon Mar 2, 2009
4 comments

Mark Kirk: Defender Of Inefficient Tax Breaks For The Wealthy

Housing

A budget as progressive and ambitious as President Obama’s 2010 proposal doesn’t just pay for itself. And to cover the potential investments
in health care, energy, and education, the White House has signaled it
is willing to reverse the course set by Ronald Reagan and ...

PI Original
by Adam Doster
12:23pm
Thu Feb 26, 2009

Chicago Community Trust, ShoreBank Team Up To Prevent Foreclosures

Housing

While the Treasury Department deploys resources to help struggling homeowners refinance unaffordable mortgages and Congress debates the merits of Sen. Dick Durbin’s bankruptcy modification measure, institutions at the local level are ratcheting up their own efforts to keep ...

PI Original
by Adam Doster
11:48am
Tue Feb 24, 2009

Foreclosure Prevention Bill Back On The Table

Housing

Sen. Dick Durbin’s foreclosure
prevention bill has faced its share of congressional hurdles, having
been voted down in the Senate on three separate occasions and shelved
by President Obama and the House Democratic leadership during the
stimulus negotiations. But this week...

PI Original
by Adam Doster
10:52am
Thu Feb 19, 2009
7 comments

A Look At Obama's Housing Bill

Housing

One day after President Obama
signed the economic recovery package into law, he started working
through his next challenge: the housing crisis. Here are the meat and
potatoes of his proposed plan,
which the administration argues will help as many as 9 million American
...

PI Original
by Josh Kalven
11:49am
Mon Feb 9, 2009

Number Of The Day: 10,554

IL-5

Ellen Beth Gill explains:

That's the number of foreclosures in Illinois since January 1, 2009 according to the Center for Responsible Lending. The same organization is projecting
103,000 foreclosures in 2009 and 342,800 in the next 4 years. Then,
there are the ...

PI Original
by Josh Kalven
2:32pm
Wed Jan 28, 2009
1 comment

Digging Deeper Into Illinois' Share Of The Stimulus

Labor

Over the past week, we've been using the data trickling out of D.C. to determine how much of the economic recovery package is directed Illinois and where exactly those funds will flow.  Using figures from the House Transportation and Infrastructure Committee, we broke down ...