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Mayor hails first fruit of foreclosure fight 1/19/2012
Rahm Emanuel tours West Humboldt rehab and explains the city’s Micro-Market approach 
"Moving Forward Together" to revive housing 10/25/2011

Community developers share lessons learned fighting foreclosures and layoffs. Lesson #1: Partner-up and engage!  

Foregoing foreclosures 9/8/2011
Pilot program due this fall aims to buy and renegotiate mortgages so working families are not foreclosed
Points of light amid foreclosure funk 8/2/2011

Failed mortgages continue to dog Chicago neighborhoods, but new or improved programs show promise  

NCP Foreclosure Response Fund:
Lessons learned, more work ahead
Local leadership developed “best practices” for counseling borrowers and negotiating with lenders through NCP's Foreclosure Response Fund. Now it’s a matter of scaling up … way up.
Questions fly at NSP hearing 7/16/2010
LISC/Chicago, City Department of Community Development, Mercy Portfolio Services and others on hand to provide answers.
NSP houses hit the market 6/9/2010
Nicely detailed homes in Chicago Lawn are among the first through Chicago's Neighborhood Stabilization Program to attract attention from potential buyers.
Ill wind spreads foreclosure nightmare 5/17/2010
Working-class neighborhoods in Chicago and beyond continue to be clobbered by foreclosures as unemployment spreads and many mortgage lenders fail to cooperate with borrowers seeking to modify unaffordable loans.
Laying a stable foundation 2/25/2010
Barely a year after the city got word it was getting $55.2 million in first-round federal Neighborhood Stabilization Program (NSP) funding, the City of Chicago and its non-profit program manager, Mercy Portfolio Services (MPS), have created a nimble system for buying and recycling hundreds of foreclosed homes and apartment buildings.
LISC, NCP help Chicago win $98 million
to stabilize foreclosure-wracked communities
The city’s NCP-influenced proposal shows how HUD’s program to buy and rehab foreclosed homes can foster wider community revitalization.

1–10 of 21 articles | Next »

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