Cook County provides $1M to limit evictions, foreclosures

Cook County is rolling out a program that will initially provide $1 million to limit the expected avalanche of evictions and foreclosures residents face.

County Board President Toni Preckwinkle this week unveiled “Cook County Legal Aid for Housing and Debt,” according to Crain’s.

During a press conference, Preckwinkle said the wave of evictions and foreclosures will hit especially hard “the most vulnerable among us, Black and brown residents.” She added, “This is unacceptable.”

Preckwinkle also called on Congress for additional aid that will help fund the initiative. The program’s initial money will come from the county’s share of the federal CARES Act.

The first major component to the program is designed to help tenants and landlords find a payment plan without going to court. If the sides can’t agree, the aim will be to create “a dignified exit by the tenant,” such as providing time for the tenant to find new housing.

Read more

Chicago

250K Cook County households face eviction when ban expires, sheriff warns

Chicago

Higher tax bills cometh for commercial landlords in south, west suburbs

Chicago

Cook County throws lifeline to homeowners struggling with mortgages

The statewide eviction moratorium remains in place — Gov. J.B. Pritzker extended it Nov. 13 for another month for individuals earning no more than $99,000 a year — but previous estimates indicate when it expires, up to 250,000 Cook County households face eviction. [Crain’s] — Sasha Jones