That is the number of rental units in foreclosed properties in Chicago.
In a report (PDF) issued Thursday by the Lawyers’ Committee for Better Housing, the 17,467 rental
units came from 5,904 apartment buildings within Chicago -- which amounts
to tens of thousands of Chicagoans who were left homeless in
The banks involved in the majority of the foreclosure filings are
Bank of America, Wells Fargo, Chase, Deutsche Bank, US Bank, and
There was no vote on the Sweet Home Chicago Ordinance at City Council on Wednesday, but proponents of the legislation say they've got multiple options at their disposal to get the bill -- or an alternative version of it -- finally passed.
A new report finds that federal resources to address the home foreclosure crisis aren't commensurate with the need and argues for using Chicago's TIF dollars to convert foreclosed properties into affordable housing.