Housing

News in “Housing”

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Stasch Leads the Way for Change

Affordable Housing Finance
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President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure. Read More

Illinois Extends Tax Credit for Affordable Housing

Illinois Governor Pat Quinn signed into law a bill to extend through 2016 the Illinois Affordable Housing Tax Credit, a valuable tool in financing the creation and preservation of affordable rental housing. Chicago Rehab Network, a ... Read More

Chicago's Public Housing Transformation

According to a new report by researchers from the Massachusetts Institute of Technology, Chicago's controversial efforts to overhaul its public housing have showed gradual improvement Read More

Homeownership Not Factor in Positive Outcomes for Children, New Report Says

Although stable housing is important for healthy families, new research suggests that homeownership does not necessarily lead to better outcomes for children - stable renting can have equally positive effects. But a recent scan of the country ... Read More

First Look Program to Help Stabilize Struggling Communities

The nation’s top mortgage lenders agreed to offer selected state and local governments and nonprofit organizations right of first refusal to purchase foreclosed homes. Read More

Statement of MacArthur President Robert Gallucci on Mayor Daley’s Decision Not to Seek Re-Election

MacArthur's President applauds the former mayor's service and commitment to Chicago while recognizing his collaboration with the Foundation on issues like community development and public housing. Read More

Former Residents of Chicago’s Madden/Wells Public Housing Now Live in Better Housing, Safer Neighborhoods

New research suggests that families that moved from Chicago’s Madden/Wells public housing community now live in better housing and safer neighborhoods. Read More

Study Finds That Rents Are Falling in Cook County

A new study by DePaul University's Institute for Housing Studies, a MacArthur grantee, states that rents have again declined in most housing markets in Cook County in the past year, while there were signs of ... Read More

Report Highlights Affordable Rental Housing Progress in Cook County

A new report identifies some positive outcomes of the Preservation Compact, a MacArthur-supported affordable housing preservation initiative in Cook County. Read More