Former President Bill Clinton swung into Chicago today to endorse Rahm Emanuel's campaign for mayor. But Miguel del Valle and Gery Chico were keen to focus attention on Emanuel's tenure on Freddie Mac's board.
A new phrase is entering Chicago's political and housing policy lexicon: "red flag properties." The Woodstock Institute coined the term to describe the increasing number of vacant, deteriorating homes in the city that have gone into the foreclosure process but not emerged from it with any clear outcome.
That figure represents the population decrease between 2000 and 2009 in the number of black residents living in 17 Chicago community areas that hosted (or host today in a diminished capacity) traditional public housing buildings, according to a