Lawyers' Committee for Better Housing

LCBH provides free, comprehensive legal representation so that renters have a trusted advocate in court. Combined with education, outreach, supportive services and policy initiatives, our programs holistically address both the short-term housing crisis and underlying causes, so that more families can move from a path leading to homelessness to one of safe and stable housing.

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Affordable housing task force in place in Chicago

Affordable housing task force in place in Chicago: Herald News

Chicago Mayor Rahm Emanuel’s office says a task force has been created in an effort to increase the number of affordable housing units in the city.

In a news release, the mayor’s office says the task force will be made up of community leaders, several members of the City Council, developers and others. The task force is asked to make recommendations for changes in the city’s Affordable Requirements Ordinance that will lead to the addition of 1,000 affordable units over the next five years.

Illinois gets $84 million in $7 billion Citigroup subprime settlement

Illinois gets $84 million in $7 billion Citigroup subprime settlement: Crains

Citigroup agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades.

Illinois gets $84 million in the settlement.

U.S. foreclosures fall, but on rise in Chicago

U.S. foreclosures fall, but on rise in Chicago: Tribune

Foreclosure activity in some parts of the nation has dropped down to levels not seen since before the housing crisis, but that isn’t the case in the Chicago area.

In Cook County, foreclosure cases were initiated against 1,282 homes in June, higher than a month earlier or in June 2013, according to data compiled by RealtyTrac. An additional 1,127 homes were repossessed by lenders and became bank-owned last month. That’s higher than the 1,012 repossessions in May or the 869 in June of last year.

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