‘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.
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…
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.
Can the property tax abatement be that far behind?
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…
Sounds like they’re still in subsidized housing