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Housing program to give eligible Chicagoans up to $70,000 toward down payment – Chicago Sun-Times
The $21 million program is funded by Mayor Brandon Johnson’s $1.25 billion housing and economic development bond that was approved by the City Council in 2024. A spokesman said it’s a one-time funding effort for HomeGrown, but the city may revisit the program if it proves successful. SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
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Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
26 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
What a bunch of insane inept idiots. No one gave me sh.. to buy a first home. The wife and I
worked and saved for it.
These grifters know no bounds of theft and
general insanity.
The government can’t give to one person without first taking from someone else.
As much as I hate these programs, “free money” is one of the only tools local politicians have to address problems that arise from national fiscal and monetary policies. Unfortunately, this free money only makes things worse. It floods an already overvalued housing market with more capital, and because real estate prices are set at the margins, the extra $70,000 that Barnaby Bumbles the Clown uses as a down payment on a home he otherwise couldn’t afford becomes the new comparable (“comp”) for the entire neighborhood. In the end, helping one person screws over everyone else.
Mayor Cliff Notes has the CCC borrow $1.25 billion in long term financing and uses it to pay current day handouts. His utter ineptitude cannot be gone fast enough.
What budget crisis? Free money for the right people. The beat goes on. The stealing continues unabated. The slaves grumble. Nothing changes there. Humans would rebel. They would revolt. Not Chicagoans. Not Illinoisans. They are lower life forms without thought or feeling. Just animal desires.
What a feel good story! The current homeowners in Chicago have taken on a mortgage (AKA debt financing) to give away down payments to 300-400 lucky people! And people say that Santa Claus isn’t real! Unicorns unite!
Plenty of money to give away and the other side of the coin is, as PPF puts it, “plenty of things left to tax.”