To help combat the growing lending crisis and the rise of foreclosures in Chicago, the John D. and Catherine T. MacArthur Foundation is investing $68 million in grants and low-interest loans in foreclosure prevention and mitigation efforts in local neighborhoods.

In recent months numerous critics have unfairly blamed the current financial crisis on efforts to increase lower-income home ownership. 

Foreclosure is a local problem. To help solve it, Woodstock Institute provides the facts on the ground, the analysis to identify the problem, and the technical assistance to help measure local successes. Its newest resource, a quarterly update on foreclosure patterns in the Chicago region, provides timely foreclosure data directly to the people who need it - community reinvestment stakeholders working to prevent foreclosures before they happen and reduce the community impact when they do.