Wednesday, August 31, 2011

Foreclosure plan passes council committee?but where's the money for it?

The city took another small step in its attempt to tackle the ongoing foreclosure crisis today.

The City Council's housing committee signed off on the latest city plan to implement the federal Neighborhood Stabilization Program, but not before aldermen voiced a few frustrations about the dwindling amount of federal funds coming the city's way?less than $16 million this year to deal with thousands of foreclosed properties.?

[ Read more ]

[ Subscribe to the comments on this story ]

Source: http://www.chicagoreader.com/Bleader/archives/2011/08/30/foreclosure-plan-passes-council-committeebut-wheres-the-money-for-it

chicago tours

No comments:

Post a Comment