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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)
Chicago prom dress designer charged with theft, arrested after allegedly not delivering dresses
A Chicago prom dress designer accused of not delivering dresses for teenage girls has been charged with felony theft.Chicago police previously told the I-Team they were investigating Fatoumata "Binta" Diallo.ABC7 Chicago is now streaming 24/7. Click here to watchDiallo made her first court appearance Monday, after being arrested.Teens and their parents told the I-Team they paid Diallo hundreds of dollars to design their prom dresses, but they say she never delivered, leaving them empty-handed.Chicago police arrested Diallo, and she has since been released under pre-trial conditions.SEE ALSO: Prom dress designer speaks out after complaints from students and parentsABC7 Chicago previously spoke with Diallo over the phone, but she did not want to provide a statement. The mothers said all they want is a refund.CPD is encouraging anyone who believes they have a complaint about Diallo to contact Area Three detectives at 312-744-8263.She is next due in court Aug. 9.The video in the player above is from an earlier report.
Sen. Tim Scott says America ‘isn't a racist country,' blasts Chicago leadership over violence
South Carolina Sen. Tim Scott blasted the city of Chicago and its leadership during Monday’s Republican National Convention, saying that educational failures and gun violence are occurring there because of Democratic Party control. “America isn’t a racist country,” he said during his address. “If you are looking for racism...
As Early Curfew Ends At 31st Street Beach, Alderman Explores ‘A More Permanent’ Solution
BRONZEVILLE — Hoping to build on the success of the peaceful Fourth of July weekend at 31st Street Beach, Ald. Lamont Robinson (4th) is exploring ways to make it permanent. A 10-day curfew that moved the beach’s closing time from 11 p.m. to 8 p.m. was lifted Sunday. Robinson’s office worked with police, the Park District and violence prevention organizations to keep the area safe, implementing bag checks and adding more security to patrol the beach and surrounding parking lots in the wake of three separate after-hours shootings that left three people dead and one teen wounded.
Chicago White Sox see big upside in Okemos shortstop Caleb Bonemer
The Chicago White Sox got an up close view of Caleb Bonemer last summer when he was part of their roster for the Area Code Games. And the Okemos shortstop had a lot of success for a squad White Sox amateur scouting director Mike Shirley said was one of the club's most impactful...
Live radar: Track rain and storms across Chicago area, Illinois
Use the live interactive radar below to track what's happening in your area. Our latest weather story can be found here. The Chicago area is under a heightened risk for severe weather as storms move into the region Monday night. The area has been upgraded to a moderate risk of...
Chicago-area residents asked to delay showers, use less water ahead of severe thunderstorms
Chicago-area residents are being asked to use less water to help prevent overflowing of storm water management systems across the region, with severe thunderstorms possible this evening. According to the Metropolitan Water Reclamation District, an “Overflow Action Day” has been issued for Monday, with another round of powerful thunderstorms expected...
LA Fitness Is Taking Over 9 Chicago XSport Gyms
CHICAGO — LA Fitness is taking over XSport Fitness gyms, putting nine Chicago locations under different management starting Tuesday. XSport members got the news late last week via email from Capital Fitness Inc., XSport’s parent company. “Capital Fitness Inc (XSport Fitness) has made the decision to exit the...
Robbins Police Chief Carl Scott Resigns Amid Investigation, Mayor Prepares Town for Possible Release of Disturbing Video
The Village of Robbins is once again drawing attention as its acting police chief, Carl Scott, steps down amidst an unfolding investigation—this announcement coming just 15 months into Scott's tenure. As CBS News Chicago reports, the Mayor of Robbins, Darren Bryant, was prompted to dismiss the chief after viewing a video of an incident that has yet to be made public, though it was suggested that the footage is disturbing enough to lead to swift action.
The Chicago Bulls and Billy Donovan are heading towards a break up
The 2024-25 NBA season will mark the 30th consecutive season as a head coach in Billy Donavon’s professional career, a tremendous accomplishment for the future Hall of Famer. Donavon has had a wildly successful career, even though the last four years with the Chicago Bulls have not lived up to expectations.
Bears ‘Will Not Be Signing’ $23 Million Free Agent: Analyst
Veteran center Connor Williams is currently on of the best remaining available free agents, but if one analyst and former longtime NFL scout is to be believed, Williams won’t be signing with the Chicago Bears. Greg Gabriel, who worked as a scout for the Bears for nine years, currently...
City officials deny permit for open-water swim in Chicago River
The City of Chicago has denied a permit for an open-water swimming event in the Chicago River set for later this year due to significant safety concerns. The city received the permit application on June 13 for the swim, which was set for September 22. However, they denied it due...
Swedish House Mafia to Perform at Will Ferrell’s Ultimate DJ House Party
We are all in a glass case of emotion over the announcement that Swedish House Mafia will perform at a charity show hosted by Will Ferrell this fall. Called Will Ferrell’s Ultimate DJ House Party, the Oct. 26 event will feature a performance by the electronic trio and be hosted by the comedy legend. Don Toliver Announces 2024 Psycho Tour: See the Dates The event happens at Chicago’s Wintrust Arena. The party’s website states that the night will be “a unique and wild celebration of house music featuring some of the biggest DJs in the world along with unique performances and...
Carrie Underwood fans gush ‘you’re such a hottie’ as star wears bejeweled top and short shorts for Chicago show
CARRIE Underwood fans have been left gushing over the country star’s outfit, as she sported a bejeweled top and short shorts. Following her appearance at the Windy City Smoke Out festival in Chicago, fans said Carrie was “such a hottie.” The former American Idol winner posted a series of Instagram photos of her headlining performance […]
South Chicago Vietnam Vets Raising $100,000 To Restore Mural Honoring ‘Our Fallen 12’ Soldiers
SOUTH CHICAGO — Soldiers in the Vietnam War — many of them drafted, barely adults and working-class — sometimes returned to indifference or hostility in their communities after serving in the deeply unpopular war. Not so in South Chicago, veterans in the neighborhood said. The community is...
Angel Reese Criticized as Gimmick Used to Diminish Caitlin Clark
Angel Reese is suffering the fallout from the controversial end to her double-double streak. The Chicago Sky rookie’s WNBA record came to an end on July 13 when her team fell to the New York Liberty and she ended the game with eight points. Reese tried to extend her double-double streak to 16 ...
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