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Banking giant J.P. Morgan Chase is lending $10 million to help build affordable housing in some of Chicago's poorest neighborhoods. Governor JB Pritzker attended the announcement in South Austin.
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
The City Council Finance Committee has endorsed the plan after the mayor agreed to give aldermen more oversight of the plan, but a final vote has been put off until Friday at the earliest.
Aurora's Todd Elementary School closed in 2019, but it reopened on Wednesday as the new Fox Valley Apartments to house working families.
A couple of shuttered school buildings in Aurora have found new purpose. They'll serve as affordable housing for working people and families. CBS 2 visited the city as doors to one of those schools reopened for the first time in five years.
"They provide families and individuals with a place to lay down, to lay down their roots, to create memories, and to start new traditions."
Mayor Brandon Johnson joined other leaders to cut the ribbon at the new Maria Elena Sifuentes Housing Development in the Albany Park neighborhood. He applauded the work done by organizers and community members.
Over the last several weeks, the Saint Charles senior living community has become a bit of a ghost town.
"It has to start somewhere. It starts right here on this lot, and it starts right now."
"It has to start somewhere. It starts right here on this lot, and it starts right now."
Tenants are renting out individual rooms in more than 100 different units. That means strangers are paired together in apartments.
An affordable housing group worked with the city and HUD to save and improve the housing, which cost $32 million.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
A UIC study shows half of Native Americans in Chicago are paying more than 30% of their income to rent their homes.
Visionary Ventures NFP is redeveloping the former Lincoln Elementary School and former Todd Elementary School.
Protesters are calling on city leaders to stop construction and add more affordable housing to the neighborhood.
CBS 2's Jackie Kostek reports the pandemic appears to have only increased the demand for affordable housing.
Mayor Lori Lightfoot, along with city leaders, announced the launch of the " Reclaiming Communities Campaign."
Aldermen voted 42-8 to approve the mayor's proposal, which would set new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
A bill geared toward creating more affordable housing passed out of committee in the Illinois state Senate Wednesday.
Seeking to boost the number of affordable housing units available for lower-income Chicagoans, Mayor Lori Lightfoot on Wednesday proposed new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
"This is an extremely reasonable policy to protect naturally-occurring affordable housing in our Chicago neighborhoods that are seeing record-high displacement in this moment," said Ald. Carlos Ramirez-Rosa (35th).
Revenue from the additional fees would go to the city's Affordable Housing Opportunity Fund, which collects various fees from developers to help subsidize affordable housing initiatives in lower-income neighborhoods.
Around 10:20 a.m., Illinois State Police responded to a crash involving a trooper in the northbound lanes of I-57 near 107th Street, police said.
Election Day is Tuesday, which means polling places will open for voters to cast their ballot for federal, state, and local offices.
Election Day is on Tuesday, and if you need to know where to vote in Illinois in the 2024 elections, here's how to find the location of your polling place.
More rounds of rain and storms could lead to the potential for flooding across the area.
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
Election Day is Tuesday, which means polling places will open for voters to cast their ballot for federal, state, and local offices.
Election Day is on Tuesday, and if you need to know where to vote in Illinois in the 2024 elections, here's how to find the location of your polling place.
So far, more than 424,000 ballots have been cast, roughly 300,000 fewer than at the same point in 2020.
Former President Donald Trump told rally goers in Pennsylvania that he wouldn't mind if a potential assassination attempt went through the media risers.
Abortion is on the ballot in 10 states in 2024, from Arizona to Florida.
For the first time since 1938, children in Des Moines, Iowa, will go trick-or-treating on Halloween. The city began its unusual custom of opting for Beggar's Night decades ago in hopes of tamping down on hooliganism.
According to the Citizens Utility Board, it will cost another $12.8 billion to complete the project--$5 billion more than previous estimates.
Dozens more lawsuits are expected.
This is part of a massive recall that includes nearly 12 million pounds of ready-to-eat meat and chicken.
The study said the unique difficulty finding a place in suburban Chicago was the result of a number of factors, including the growth of hip suburbs, big businesses relocating to the area, and high occupancy rates and slow construction.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Three patients at the University of Chicago Medicine are in the trial for the treatment.
Some pathogens that contaminate food are even showing up in the U.S. for the first time thanks to climate change.
McDonald's says Quarter Pounders will be back on the menu at hundreds of its restaurants after testing ruled out beef patties as the source of an E. coli outbreak.
Work in the labs at the IFSH in southwest suburban Bedford Park is centered around learning more about why some food products make people sick.
According to a statement on the brewpub's website, it is closing its doors at 2323 N. Milwaukee Ave. after struggling to rebound following the pandemic.
The South Side warehouse has more than 200 employees, according to the union that represents 75 members.
Dozens more lawsuits are expected.
Experts raised concerns about people in already underserved communities losing easy access to drug stores.
The Indiana Court of Appeals has reinstated a lawsuit filed by the state accusing TikTok of deceiving its users about the video-sharing platform's level of inappropriate content for children and the security of its consumers' personal information.
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
In addition to talking about his work, Bennett will be presenting the award for Best Music Video at the festival.
During six undistinguished seasons in the major leagues, Bob Uecker never played an inning for the Milwaukee Brewers. But during his more than half-century as the team's play-by-play announcer, he has become a mascot for the game.
The lead singer-songwriter for the superstar band Fleetwood Mac who became a superstar solo artist talks about her latest song, "The Lighthouse," that was inspired by her own experience with abortion, and a strong desire to "do something."
CBS News Chicago meteorologist Kylee Miller has the latest 7-day forecast.
If Vice President Kamala Harris were to win the 2024 race for president, she would be the first Black woman elected as president. Alvin Tillery, a political science professor at Northwestern University, and a Democratic pollster, has a look at where things stand in the race.
An Illinois State Police trooper has been hit on northbound Interstate 57.
Legendary record producer, songwriter, and composer Quincy Jones says has died at the age of 91. Jones crafted some of America's biggest pop stars to new heights. He also laid down the sounds synonymous with some of Hollywood's biggest hits during a career spanned that more than seven decades. It all started in Chicago, where he was born on the South Side.
Lines have been long for people voting early in the Chicago area, and the weather won’t be great on the last day of early voting on Monday or for Election Day on Tuesday. Early voting has been strong this year in Chicago, but it still lags behind 2020.
Around 10:20 a.m., Illinois State Police responded to a crash involving a trooper in the northbound lanes of I-57 near 107th Street, police said.
More than 424,000 ballots, both from early in-person voting and vote-by-mail, have been cast so far in Chicago.
Election Day is on Tuesday, and if you need to know where to vote in Illinois in the 2024 elections, here's how to find the location of your polling place.
Witnesses said the firefighter was battling the blaze near the roof when the floor under him went out and fell several feet.
Election Day is Tuesday, which means polling places will open for voters to cast their ballot for federal, state, and local offices.
The man city records document as the owner of the alley declined several requests for an interview, but could be seen repeatedly driving a forklift through CBS News Chicago's shot.
Investor interest in South Shore has steadily increased with investors buying single family homes and condos.
The accused killer has a decade-long documented history of attacking law enforcement, inmates, and mental health staff. He was even issued a jail ID card alerting staff of his security threat.
Jackson has been waiting for this specific decision since his release from prison two weeks ago
The skull has been identified as Esther Granger, a 17-year-old girl who died in Indiana, in 1866.
Connor Bedard had three assists, Teuvo Teravainen got his first goal in 10 games and the Chicago Blackhawks picked up their second straight win in Southern California, defeating the Anaheim Ducks 4-2 on Sunday night.
Emari Demercado ran 53 yards for a touchdown just before halftime, James Conner added 107 yards on the ground and the surging Arizona Cardinals put together a dominant 29-9 victory over the Chicago Bears on Sunday.
Marsh was an assistant and head of player development in Vegas, and now is set to take over a team with young stars Angel Reese and Kamilla Cardoso.
The Wolves snapped a four-game losing streak in the first of 12 meetings with the IceHogs.
Los Angeles had won three of four.
In each of four incidents, the robber claimed to have a gun and handed the store or restaurant employee a handwritten note announcing a robbery.
The victim was shot once in the lower back and was taken to Northwestern Memorial Hospital in fair condition.
Some said late Saturday that the shooting was possible retaliation.
Javier Barajas is due back in court on Monday, Nov. 25.
The suspect in the shooting of a man walking to synagogue last week is facing hate crime and terrorism charges.
