Mayor Richard M. Daley and the city’s private and public sector partners today announced the “Find Your Place in Chicago” program – a package of financial incentives and marketing initiatives aimed at helping buyers save thousands of dollars on the purchase of a home in which the City has invested. Under the program, the City and its partners, including philanthropic organizations, lenders and developers, will offer significant incentives, including down payment, purchase-price assistance and special lender incentives. With a lead gift from MacArthur, the Partnership for New Communities has committed $1 million to stimulate sales in seven mixed-income developments throughout the city.

Housing, Chicago, Community Development, Housing, United States