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Gentrification, the process of altering the demographic and socioeconomic composition of a neighborhood usually by decreasing the percentage of low-income minority residents and increasing the percentage higher-income residents, [1] has been an issue between the residents of minority neighborhoods in Chicago who believe the influx of new residents destabilizes their communities, and the ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
CHA is the largest rental landlord in Chicago, with more than 50,000 households. CHA owns over 21,000 apartments (9,200 units reserved for seniors and over 11,400 units in family and other housing types). It also oversees the administration of 37,000 Section 8 vouchers. The current acting CEO of the Chicago Housing Authority is Tracey Scott.
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Erie Neighborhood House is a social service agency that works primarily with low-income, immigrant families in Chicago, Illinois. Operations began in 1870 as a ministry of Holland Presbyterian Church, a Protestant congregation located northwest of Chicago's Loop , and the organization quickly became part of the settlement house movement that ...
The city of Chicago will soon open applications for a guaranteed basic income program supporting 5,000 low-income residents with $500 The post 5,000 low-income Chicago residents to get $500 ...
The demographics of Chicago show that it is a very large, and ethnically and culturally diverse metropolis. It is the third largest city and metropolitan area in the United States by population. Chicago was home to over 2.7 million people in 2020, accounting for over 25% of the population in the Chicago metropolitan area, home to approximately ...