|
September, 2007
Among mortgage applicants for owner-occupied homes in 2003, blacks were most likely to be denied by lenders, turn down approved loans and withdraw their applications. As a result, a majority of the more than 13,000 African Americans applying for such loans were unsuccessful.
Notes: Lenders did not render decisions on loan applications that were withdrawn or incomplete. The data include...
|
September, 2007
Chicago's history of segregation is likely to continue based on the neighborhood preferences of those looking to purchase homes during 2003. Blacks, Latinos and whites mostly sought homes in different communities. However, three of the top five neighborhood preferences for Asians were also among the top five choices for whites.
Sources: Federal Financial Institutions Examination Council, U....
|
September, 2007
With more than 120 home loan applications for every 100 mortgageable units, Rogers Park was the city's most popular destination in 2003. By contrast, fewer than 2 applications were received for every 100 mortgageable units in Riverdale on the city's Far South Side. The city's most popular sites were mostly white or racially mixed neighborhoods on the North Side, but the redeveloping Washington...
|
|
September, 2007
Loan applications for properties in predominantly black areas were the least successful during 2003, even when the applications came from whites and Asians, who were widely successful in other communities.
|
September, 2007
Home mortgage data show that applicants have the best chance of securing loans through full-service banks that are considered "prime" lenders and that applicants have the worst chances of securing loans through mortgage companies that are considered "subprime" lenders. In 2003, African Americans were the least likely to apply for mortgages through prime banks and the most likely to apply through...
|
September, 2007
Chicago Housing Authority
Chicago Police Department
www.chicagocrime.org
|
|
September, 2007
During the 15-month period from January 2001 through March 2002, narcotics arrests on public housing properties along State Street were mostly concentrated in the Stateway Gardens and Robert Taylor Homes developments. However, from Nov. 2, 2005, through Aug. 2, 2006, after most of the Stateway and Taylor buildings were demolished, the Harold Ickes Homes and Dearborn Homes developments were the...
|
September, 2007
The following are responses offered by Chicago Housing Authority officials to questions raised by The Chicago Reporter for its "Six More Years" Web exclusive.
In the letter that opens the tentative 2007 annual report, it is mentioned that a decline in federal funding has forced the CHA to adjust its budgets and move its "Plan for Transformation" deadline back to 2015. Will the U.S....
|
September, 2007
Each year since 2000, the Chicago Housing Authority has altered its schedule for completing the rebuilding and rehabbing of 25,000 public housing units. And now, according to a draft version of the CHA's 2007 Annual Plan, the agency is pushing the deadline back six years to 2015.
Until now, the CHA has long maintained that the massive $1.6 billion plan for tearing down high-rises, rebuilding...
|
