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D2 Capital Advisors Arranges $18 2M Construction Loan for Affordable Housing Redevelopment Project in Illinois

D2 Capital Advisors Arranges $18 2M Construction Loan for Affordable Housing Redevelopment Project in Illinois
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D2 Capital Advisors Arranges $18,200,000 Construction Financing for Affordable Housing in Aurora, IL

Bloomington To Reopen All City Facilities First Week Of June

The Bloomington City Council meets remotely, Monday, May 10, 2021. Bloomington plans to reopen all city facilities June 1 or 2 as part of the state’s bridge to Phase 5 of the Restore Illinois Plan, City Manager Tim Gleason told the city council on Monday. Gov. JB Pritzker announced last week the month-long “bridge” will begin Friday. The transition aims to return Illinois to normal operations and capacities by June 11. In other pandemic-related news, Gleason told the council the first half of Bloomington’s $14 million due from the latest federal COVID-relief package arrives this week, and the state will begin a rental assistance grant program next week. The council voted unanimously to eliminate late payment penalties for water bills through Phase 4.

Wait for federal CARES Act rent, mortgage assistance too long, Illinois residents say

CHICAGO (WLS) Illinois residents who have applied for federal money to help pay their rent or mortgage say they ve been dealing with long delays. The Illinois Housing Department Authority is in charge of handing out funding from the federal CARES Act to pay their landlords or their mortgage during the COVID-19 pandemic. The deadline to apply was in August, but now the IHDA s Facebook page is full of complaints from people who say they re still waiting for an answer as a federal eviction moratorium may be ending. It s critical for us and critical for our family, we don t know what we re going to do if the funding doesn t appear in the next seven days, said April Crotts.

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