People rush to get in on ground floor of state mortgage program

Home hustle . . .

Sneed hears the run for Gov. Pat Quinn’s subsidized mortgage program has already become a sprint.

■ Translation: Since Sneed exclusively tipped the Welcome Home Illinois Loan Program’s launch last Sunday, $5.2 million has already been reserved to finance applicants’ homes. Some interested parties have even walked into the governor’s office to ask about applying!

■ Back shot: The Illinois Housing Development Authority has $130 million earmarked for these mortgages and new home construction — and now there’s a few million less for eligible homebuyers.

CONTINUE READING AT SUNTIMES.COM

The Latest
Previously struggling to keep its doors open, the Buena Park establishment received a boost from the popular TikToker.
Bagent also said the negative publicity about teammate Caleb Williams leading to the draft has turned out to be “completely false.”
Deputy Sean Grayson has been fired and charged with murder in the fatal shooting of Massey, who had called 911 to report a possible prowler. He has pleaded not guilty. The family says the Department of Justice is investigating.
Here’s how Kamala Harris and the Democratic National Convention are embracing Charli XCX’s social media post that sparked a cultural movement.
Thousands gathered in Union Park for the Pitchfork Music Festival, the Chicago Bears started training camp at Halas Hall, and Vice President Kamala Harris kicked off her presidential campaign.