Morning Minute: Will County foreclosure program earns national attention

The success of the Will County Neighborhood Stabilization Program to help 93 families purchase renovated foreclosures in Bolingbrook, Romeoville, Crest Hill and Joliet has helped the program rank second in the nation, the Chicago Tribune reports.

“The downturn in the housing market left nearly every neighborhood with blighted and vacant properties,” Will County Board Speaker Herbert Brooks told the newspaper. “This program replaced dilapidated homes with newly renovated ones and made the dream of home ownership possible for many families.”

Read the full Tribune article, “County’s foreclosure program wins national recognition.”

More headlines:

Housing starts up 6.8% in May – USA Today

Most major loan servicers not complying with mortgage settlement – Chicago Tribune

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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