Regional HOPI

Regional Housing Partnership: A Housing Blueprint for the Chicago Region

This is an image of keys over a blueprint for a house

The foreclosure crisis impacted the Chicago suburbs as well as the city center, but many municipalities lacked the resources and infrastructure to respond effectively to the crisis. While many funding opportunities arose to address the negative effects of foreclosures, smaller municipalities historically had trouble accessing federal funds in the face of competition from major cities that had the resources to find and apply for grants and comply with their requirements.

CityLift makes homeownership dreams a reality in recovering neighborhoods

Wouldn’t it be nice, the couple wondered, to buy our first home, one that would be big enough for us and our three kids?
 
“We didn’t think we could buy a home,” Melero says. “We were worried about our credit, and we didn’t have a lot of money saved for a down payment.”
 

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