Our Director of Research Amber Hendley lent her expertise on blockbusting and contract selling for this piece. Contract buying was often the only option for Black families looking to buy a home. These had much higher interest rates than...
Despite the fact that the Federal Housing Finance Agency, the organization that held mortgages on about 258,000 properties in Chicago, is exempt from the registration requirement, the amendment has resulted in an increase of over 2,100 buildings registered as...
Comparing the Chicago vacant building dataset with HUD/USPS data shows substantial differences in the number of units reported, although those may be largely the result of the differences in the reporting criteria for the two datasets. Despite the differences...
South Side Builders Association 151202 Mod1.pdf Presented by Spencer Cowan at the South Side Builders Association
A woman who lives nearby says that people still live there (“squatters’ rights”). After the housing crisis, says the woman (she declined to give her name), “people had no place to go so they moved in wherever they could...
This year, all hell has broken loose in downtown Chicago. Years of under-hiring have resulted in a police force that is unprepared for wildings and gang violence. Moreover, concealed carry in Chicago is illegal, unless one follows the Constitution....
Register for a training on Tuesday, December 9 “We are excited to make our data more widely available to a broad range of users with the launch of the new interactive map and data compendium,” said Dory Rand, President...
But the recession, which stifled construction all over the city, hit the South Side the hardest, a Tribune analysis of building permit data shows. Between 2006 and 2013, neighborhoods south of the Stevenson Expressway posted an 84.3 percent decline...
New York Attorney General Eric Schneiderman says he plans to introduce legislation to get banks and mortgagees to better maintain the vacant properties. He wants to double the number of nonprofit land banks that can buy abandoned and foreclosed...
He wants to double the number of nonprofit land banks that can buy abandoned and foreclosed homes and rehab or demolish them, HousingWire reports. New York isn’t alone in being haunted by the “zombie property” epidemic. As of mid-2013,...