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FHLBank Chicago Announces $50 Million in Interest Rate Subsidies to Expand Community Building Impact
CHICAGO--(BUSINESS WIRE)--Jul 16, 2024-- The Federal Home Loan Bank of Chicago (FHLBank Chicago) is providing $50 million in interest rate subsidies to help expand affordable housing, economic development, and community partnerships in Illinois and Wisconsin through its new Community Impact Advance Pilot Program. This Program provides an up to two percent reduction in interest rates on advances, which are secured loans, to help FHLBank Chicago member financial institutions support their customers and amplify the impact they are making in their communities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716310882/en/ Pilot program offered through FHLBank Chicago makes $50 million in interest rate subsidies available to support affordable housing and economic development in Illinois and Wisconsin. The Community Impact Advance is available today to member financial institutions. (Photo: Business Wire)
240-acre Autonomous and Connected Track planned for Rantoul to receive $48M in funding
The Grainger College of Engineering is known for many things in the realm of innovation and technology, and transportation has been the topic of discussion lately. With the help of funding from the US Department of Transportation’s (DOT) Federal Railroad Administration (FRA), National University Rail Center of Excellence (NURail CoE) was recently launched at Grainger. This year, there’s been more information released about the Autonomous and Connected Track planned for Rantoul through the work of the Illinois Center for Transportation, with the transfer of a portion Chanute Airforce Base last year in order to build this 240-acre testing facility.
Houston man arrested in Illinois for fatal hit-and-run
HOUSTON, Texas — A suspect wanted in a fatal hit-and-run crash after leading Houston police on a pursuit has been arrested in Illinois. Jacolby Pendleton, a 30-year-old from Houston, is charged with murder in the 184th State District Court. The victim has been identified as 68-year-old Sharon Griffin. Pendleton’s booking photo from Sangamon County Jail in Illinois is attached to this news release.
Baltimore Orioles snag big-time Illinois baseball pitcher in 2024 MLB Draft
The first player is off the board for the Illinois baseball team in the 2024 MLB Draft. It was a quiet first day for the Illini, the first round came and went without a selection. Seven more rounds riffled through, and then it happened. The first Illinois player was selected.
Vermilion Co. Sheriff’s Dept. searching Rankin for missing man
RANKIN, Ill. (WCIA) — The Vermilion County Sheriff’s Office is actively looking for a man who has been missing since last week. Captain Michael Hartshorn of the Vermilion County Sheriff’s Department said Frank Lucas was last seen by his family on Monday, July 8, and they reported him missing three days later. The search so […]
Coles County Animal Shelter alerts locals to text message scam
CHARLESTON, Ill. (WCIA) — The Coles County Animal Shelter is bringing attention to a recent scam that has been circulating through text messages. They said a scammer has been reaching out to locals, claiming to be a staff member with the shelter. The scammer will then request to send a six-digit code as “verification” of […]
A Taste of Both Worlds is permanently closed
In sad restaurant news, A Taste of Both Worlds, the Filipino-Cambodian restaurant inside Broadway Food Hall, is closed permanently. A Taste of Both Worlds opened at the beginning of 2021 as Champaign-Urbana’s only Filipino and Cambodian eatery. The Urbana food hall vendor served awesome banh mi, delicious sisig, tasty turon, whole tilapia, and boodle fights (a communal meal with food spread across a table) in addition to offering excellent Restaurant Week specials like this num pang burger, crispy fried chicken, and buko pandan.
UPDATE: Missing 15-year-old found, Champaign Police confirm
Update at 7:44 p.m. CHAMPAIGN, Ill. (WCIA) — A Champaign teenager who has been missing since Saturday has now been found. 15-year-old Damien Andrews was located on Monday evening, Joe Lamberson of the Champaign Police Department shared with WCIA. During the search, Andrews was considered endangered. Police say that when he was found, he was […]
City of Decatur and CONO to Host National Night Out on August 6
July 15, 2024 – The 2024 National Night Out will take place on Tuesday, August 6, at Johns Hill Park. This community event aims to enhance the relationship between residents and law enforcement, fostering a sense of community. The event will feature various activities and opportunities for attendees to engage with local police officers and neighbors. The event will be from 5pm to 8pm.
Illinois Man Using Dating Sites To Rob People At Gunpoint, Police Warn
If dating sites weren't unnerving enough, it's getting worse in Illinois. It's one thing to be a serial dater and just go on dates with seemingly everyone. It's another to be a serial problematic "dater" like this dude. NBC Chicago reports that police are warning the public against a guy...
Live updates: Heavy rain, flooding in St. Louis region | Weather Impact Alert
ST. LOUIS — Heavy rain and flooding have been weather concerns for the St. Louis area Tuesday. Tornado warnings expired in the region. A dam overtopped in Nashville, Illinois, causing flooding and evacuations. Roads were flooding in the region causing traffic concerns. This is a live blog of updates...
Illinois Rules Of The Road For Pedestrians Might Surprise You
Most residents of Illinois know the rules of the road for driving but did you know there are laws for pedestrians too?. I drive to work early in the morning when it's still dark out. I'm surprised to see so many pedestrians. Many of them are on the street instead of the sidewalk, which doesn't feel safe to me. I'm guessing they don't know the Illinois rules of the road for pedestrians. I was curious so I looked it up.
Flood Watch Issued for Southeast Missouri and Southwest Illinois Amid Heavy Rain Threat
St. Louis, MO – A flood watch is now in effect for parts of southeast Missouri and southwest Illinois due to heavy rain expected tonight. The National Weather Service (NWS) in St. Louis has warned that severe thunderstorms may develop, potentially leading to localized flash flooding. According to the...
Illinois quick hits: Earthquake shakes Illinois; researchers look into cicada damage; sinkhole grows in Alton
Parts of northern Illinois shook Monday as a 3.4 magnitude earthquake struck in the early morning hours. The earthquake was centered northwest of the DeKalb County village of Somonauk. According to the United States Geological Survey, the trembler had an estimated depth of about 6 miles. The earthquake could be felt as far as Joliet.
Whoa. There Was an Earthquake in Illinois This Morning
An earthquake measured at magnitude 3.4 was recorded in Illinois on Monday, July 15, 2024. Illinois is home to all four seasons, storms of all kinds including tornados a little more frequently than we'd expect, but did you know you can experience an earthquake in Illinois, too? Did you feel it this morning?
Top 10 Illinois basketball 3-point shooters of all time
Throughout the history of the Illinois basketball program, we have had some great three-point shooters. This list is honestly not fair to the older Illini generations, as the three-point line wasn’t officially introduced in the college game until April 1986. So, that is where the possibilities for the top 10 start.
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