‘I moved in 10 days before Christmas. Oh my God.’ A Chicago housing program has helped a record number of families buy homes this year – Chicago Tribune*

In all, 54 families in public or subsidized housing bought their own home this year through the Chicago Housing Authority’s Choose To Own program, which allows people to use a housing subsidy for the purchase, guides them through the buying process and provides them with monthly financial assistance for at least 15 years after the sale. The number of closings soared over previous years, with low interest rates during the pandemic enabling more people to make the move, according to Mary Howard, the CHA’s chief resident services officer.
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Heyjude
5 years ago

Can the property tax abatement be that far behind?

Heyjude
5 years ago

If you receive govt help with the paperwork, govt money for the down payment, and govt financial assistance with payments for 15 years, have you really bought your own house? Just wondering…

Governor of Alderaan
5 years ago
Reply to  Heyjude

Sounds like they’re still in subsidized housing

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