Jun

02

Another take on “Emma’s” house

Editor’s note:  Tim Meaney, local resident and attainable housing proponent,  offers some constructive ideas for  addressing the neighborhood concerns raised by Meat in “Emma Doesn’t Live Here Anymore.” I’ve been thinking about the essay, Emma Doesn’t Live Here Anymore ever since a friend called it to my attention several days ago.  What is intriguing is [...]

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Mar

30

First IHDA deal set to close

A young single guy is expected to become the first Downers Grove home buyer to benefit from the Illinois Housing Development Authority’s Mortgage Credit Certificate program. The attainable housing initiative was made possible locally by $1.3 million in village bonding authority ceded to IDHA last year. The buyer expects to close on his first home [...]

22 Comments

Oct

06

Affordable home program kicks off

The Illinois Housing Development Authority will hold a meeting for real estate brokers and lenders next Monday as the first step in the agency’s program to help first-time home buyers purchase local properties valued at up to $325,000. The Mortgage Credit Certicate program was made possible by the village council’s decision to cede $1.3 million [...]

38 Comments