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New day dawns in Pullman
- Gordon Walek, Nov 6, 2013
- On October 26, Mercy Portfolio Services hosted a tour of rehabbed houses in Pullman and West Pullman, all available to qualified buyers through the Neighborhood Stabilization Program.
Homebuyer Fair Taps Instinct to Buy
- Gordon Walek, Aug 21, 2013
- Mercy Portfolio Service's Homebuyer Fair at the Kroc Community Center drew prospective buyers from throughout the Chicago area to learn about the Neighborhood Stabilization Program and the…
In Logan Square and Hermosa, home buyers on the hunt
- Gordon Walek, Oct 5, 2012
- Prospective home buyers - lots of them - recently toured formerly vacant, foreclosed houses in Logan Square and Hermosa that have been renovated through the Neighborhood Stabilization Program and are…
NSP: Where it's been, where it's going
- Bill Healy, Apr 4, 2012
- Katie Ludwig, an assistant commissioner dealing with foreclosure mitigation in the Chicago’s Department of Housing and Economic Development, discusses the impact of the Neighborhood…
Mayor hails first fruit of foreclosure fight
- John McCarron, Jan 19, 2012
- Rahm Emanuel tours West Humboldt rehab and explains the city’s Micro-Market approach.
Chicago NSP helps fill demand for affordable rental housing
- Bill Healy, Oct 31, 2011
- Apartment buildings that have been acquired and renovated through the Neighborhood Stabilization Program are now accepting applications from tenants.
Moving forward together
- John McCarron, Oct 28, 2011
- The one-two punch of the foreclosure epidemic and Great Recession is teaching community development practitioners to build more effective partnerships, get closer to local conditions … and…
- John McCarron, Sep 12, 2011
- Pilot program due this fall aims to buy and renegotiate mortgages so working families are not foreclosed
Pullman/Roseland NSP Open House Tour: Unique homes at affordable prices
- Bill Healy, Sep 7, 2011
- Rehabbed, for-sale NSP houses were the subject of a recent tour in the historic Pullman and Roseland neighborhoods.
NSP making a difference in Chicago Lawn
- Bill Healy, Aug 4, 2011
- Chicago's Neighborhood Stabilization Program has a number of single-family homes and two-flats on the market in Chicago Lawn.
Points of light amid foreclosure funk
- John McCarron, Jul 18, 2011
- If you’re looking for good news on the housing front this summer in Chicago, good luck. There isn’t much … but there is some . The federal government is moving to improve its…
Now’s the time to buy? In Humboldt Park, answer may be yes
- Gordon Walek, May 17, 2011
- The Neighborhood Stabilization Program over the last two years has acquired and rehabbed hundreds of vacant foreclosed houses throughout Chicago. Many of them are now coming on the market, and…
New Pisgah rescues foreclosed homes
- Bill Healy, Mar 8, 2011
- The “mission” of New Pisgah Missionary Baptist Church, in Auburn Gresham, goes way beyond shouting distance of its physical facility on South Racine Avenue. The church’s community…
On West Walnut Street the scenery looks a little brighter
- Bill Healy, Feb 17, 2011
- The transformation of empty, foreclosed East Garfield Park houses into affordable, for-sale homes is the latest positive trend in the West Side neighborhood.
A Q&A about buying an NSP house
- Bill Healy, Jan 24, 2011
- People interested in purchasing an NSP home must meet a few requirements. This Q&A with Crystal Kimbrough, the first Chicago NSP homebuyer, and her realtor describe what they are.
NSP funds help create energy efficient bungalows
- Bill Healy, Jan 4, 2011
- A block of bungalows in the city's South Shore neighborhood get retrofitted for maximum energy efficiency, thanks to NSP and the Historic Chicago Bungalow Association.
Woman’s search for perfect house: an NSP property in Oakland
- Bill Healy, Dec 7, 2010
- Crystal Kimbrough is the first person to purchase, and move into, a formerly vacant, foreclosed house that was rehabbed through the Neighborhood Stabilization Program.
Chicago gets new NSP funds
- Bill Healy, Oct 5, 2010
- Washington Park shows signs of new life through the Neighborhood Stabilization program and other housing development.
Chicago Amendment to the NSP 1 Substantial Amendment
- Jul 22, 2010
- The City of Chicago is amending its NSP 1 Substantial Amendment allocation priorities. This amendment will be posted for a 15 day public comment period. Please note that comments will be collected…
New houses, local jobs make for better neighborhoods
- Bill Healy, Jul 19, 2010
- Developer Melvin Bailey is putting local people to work, renovating foreclosed East Garfield Park homes through the Neighborhood Stabilization Program.
Reaching out to the neighborhoods
- John McCarron, Jun 21, 2010
- Residents, community organizations get the skinny on the Neighborhood Stabilization Program.
Illinois Association of Realtors weighs in on NSP
- Jun 14, 2010
- Last fall, Brian Bernardoni, in a publication of the Illinois Association of Realtors, desbribed how realtors are involved in the Neighborhood Stabilization Program.
NSP houses hit the market
- Bill Healy, Jun 8, 2010
- The first houses to be renovated and offered for sale under the Neighborhood Stabilization program are now available in the Chicago Lawn community. A tour of renovated NSP homes is scheduled for…
Developer Request for Qualifications
- Mar 22, 2010
- NSP's Developer Request for Qualifications.
Hearing from the ’hoods
- John McCarron, Mar 16, 2010
- Aldermen, community leaders and plain folk recently weighed in at City Council hearing on the Neighborhood Stabilization Program, which is designed to stem the further deterioration of certain…
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