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Housing
Quick Hit
by
11:15am
Wed Apr 27, 2011

Number Of The Day: 1 in 3

That is the number of Chicago-area renters who are “severely burdened” by rental costs, spending at least half their household income on rent and utilities, according to a study (PDF) by Harvard University’s Joint Center for Housing Studies. That number is up 8.2 percent in the last decade.

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Quick Hit
by Robert Dietz
4:44pm
Tue Apr 19, 2011

Recession Is Far From Over

Economists say the Great Recession officially ended in 2009, and with each passing month, politicians tout the economic progress made throughout the country. But the recovery is still a long way off for many and a new study shows that states with large minority populations are disproportionately struggling to dig themselves out of the economic disaster. The Center for Social Inclusion's report (PDF) looks at housing, jobs, health, and socio-fiscal factors to create the Recession Impact Index, which breaks down the effect the recession has had on individual states.

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Quick Hit
by Micah Maidenberg
3:38pm
Tue Apr 19, 2011

Housing Counselors Stare Down Federal Cuts

A range of housing counseling programs didn't survive the cuts Congress and the White House agreed to to keep the federal government open through the end of its current fiscal year, the Tribune's Mary Ellen Podmolik reports today. Everything from pre-purchase help to programs for seniors are taking a hit, and foreclosure prevention efforts are at risk, Podmolik writes. In all, the budget deal lopped off $88 million for housing programs. This is bad news for the community-based organizations on the front lines, grappling with the fall-out of the foreclosure crisis and Great Recession.

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PI Original
by
2:29pm
Fri Apr 15, 2011

Demographics Of Public Housing Families Evolve

The makeup of Chicago's public housing households is evolving as more optimistic evidence of their socioeconomic well-being was noted in a report by the Chicago Housing Authority on the progress of the sometimes controversial Plan for Transformation.

Quick Hit
by Micah Maidenberg
3:21pm
Mon Apr 11, 2011

Council Members Pass Again On Approving Daley-Backed Bill

The current group of Chicago aldermen has seemed pretty comfortable bucking the Daley administration on some important mayoral priorities over the last month or so. In March, members of the council's Committee on Aviation declined to take a vote on a proposed 25-year concessions lease at O'Hare's international terminal, worrying about its terms and thinking back to the rushed parking meter deal in 2008. They postponed voting on the deal last week as well. And earlier today, finance committee members declined to take a vote on an ordinance introduced by the mayor that would allow some home buyers to access tax increment financing (TIF) grants to purchase and rehabilitate vacant homes in city neighborhoods.

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