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In 2015, the Secretary of Housing and Urban Development criticized the Chicago Housing Authority for accumulating a cash reserve of $440 million at a time when more than a quarter million people were on the agency's waiting list for affordable housing, [30] and a large number of units (16%) remained vacant.
CHICAGO — As the city prepares to clear a homeless encampment in Humboldt Park, the area’s shortage of affordable housing remains an issue. Observers estimate the city needs more than 100,000 ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Experts from Redfin and Fannie Mae and Pulsenomics LLC told USA TODAY in December they expect a 3.8-4% rise in the median home sale price and a 4.2-5.1% bump in home sales in 2025. They also ...
Chicago Photographed from Ray Knabenshue's Dirigible Air Ship, 1914. Tenement housing in Chicago was established in the late 19th and into the early 20th centuries. [1] A majority of tenement complexes in Chicago were constructed in the interest of using land space and boosting the economy.
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