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More stories about ILLINOIS

  • Commendable Achievement, Exhibit Lighting - Science Storms, Museum of Science and Industry, Chicago

    Science Storms, a permanent exhibition at the Museum of Science and Industry in Chicago, was the dream job for a lighting designer.

  • The Eight-Hour Kitchen Remodel

    Meticulous planning was the key to profitability on this multi-unit job.

  • Saved by the Bell

    TAILOR LOFTS FIRST CAME across Bob Clark’s desk back in 2007, and even pre-recession there was question as to whether to redevelop the historic downtown Chicago office building into a student housing community.

  • Chicago Nonprofit Keeps Credit Flowing in Tough Times

    The Chicago-based Community Investment Corp. (CIC) recently announced a five-year $400 million loan fund to help resuscitate the area’s affordable housing market.

  • After 23 Years, CHA Sheds Receivership

    CHICAGO—A federal judge reinstated the Chicago Housing Authority’s (CHA’s) power to manage the development of public housing. The move ends more than two decades of court-ordered receivership for the authority.

  • NCSHA Speakers Cite Market Changes

    CHICAGO—The low-income housing tax credit (LIHTC) market is better than it was a year ago thanks to additional equity, according to many at the National Council of State Housing Agencies conference.

  • 300 Units in Chicago Preserved

    CHICAGO—Mercy Housing Lakefront is leveraging $68 million to rehabilitate and preserve two apartment developments in the city’s Uptown community.

  • NEF Acquires Homestead Capital

    CHICAGO—National Equity Fund, Inc. (NEF),has acquired Homestead Capital, a regional low-income housing tax credit (LIHTC) syndicator based in Portland, Ore.

  • Sears Store to Become Home to Artists

    ELGIN, ILL.—An old Sears and Roebuck store will be turned into an arts facility featuring 55 units of affordable live/work space for artists.

  • Getting Ahead of REO

    TUNGSTEN REALTY ADVISORS, a Chicago-based investment and operating firm, has purchased two distressed notes on fractured condo projects in the past year.