The City of Chicago will work with local banks to develop strategies to 'help families avoid losing their homes to foreclosure.'
Mayor Daley of Chicago will announce, The Homeownership Preservation Initiative, which will not only work with 20 local financial institutions to explore ways to avoid foreclosures, but also "reclaim 300 vacant, foreclosed properties, turning them back into viable homes." Lenders have agreed to work with Chicago Neighborhood Housing Services in the effort. "Often, a foreclosed home falls into disrepair, dragging down the value of other neighborhood properties." Mayor Daley emphasized that "'Foreclosures have a devastating effect, not only on the families involved but also on the surrounding communities.'"
Thanks to Connie Chung
Read the full story: City, banks agree to work on avoiding foreclosures
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
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Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion
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Boston has spent millions making the Green Line more accessible — and there’s no end in sight
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Idaho may see an 18% drop in federal surface transit funding — the largest estimated cut in the US
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How ‘post-disaster gentrification’ alters neighborhoods after natural calamities
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FREE Course: Walkable City 1: Why Walkability?
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Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Wisconsin Rapids
Harvard University Graduate School of Design
KFH Group Inc.
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello