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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)
Kitchen fire leaves significant damage at Illinois Youth Center fire in suburban Warrenville
People at a suburban juvenile detention center are being relocated after a kitchen fire on Monday.ABC7 Chicago is now streaming 24/7. Click here to watchDozens of firefighters, first responders were seen around 1 p.m. at the Illinois Youth Center in Warrenville on Ferry Road.The Illinois Department of Juvenile Justice said the flames and smoke left significant damage.First responders were seen breaking part of a roof where the smoke was coming out of.Some firefighters were seen taking breaks under trees as the heat index in the high 90s.One person was taken to the hospital for smoke inhalation.It's unknown what caused the fire.
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...
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.
Peoria man sentenced to 52 years in prison for June 2022 deadly shooting
PEORIA, Ill. (WMBD) — Rev Blakes fought his conviction tooth and nail, arguing for more than two hours why he felt his trial was flawed and why prosecutors ignored basic tenets of law. But it did little good except maybe to preserve the issues for another day and in...
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