FOR IMMEDIATE RELEASE: March 26, 2020
CONTACT:
A.M. Triche, NHS Marketing & Communications, atriche@nhschicago.org or 312-619-7771
Kristin Ginger, Manager of Communications & Development, Housing Action Illinois, kristin@housingactionil.org or 312-854-3333
CHICAGO – Housing Action Illinois and Neighborhood Housing Services of Chicago, Inc. (NHS) sent a joint letter to Governor J.B. Pritzker calling on him to urge banks to act now to suspend foreclosures and help struggling residents remain in their homes.
“The governor has shown great leadership during the COVID-19 crisis, and we’d like him to continue to use his influence to call on banks to act quickly to prevent the devastating economic effects caused by a wave of foreclosures,” said NHS Interim President and Chief Operating Officer Donna Clarke.
This morning, the U.S. Department of Labor announced 3.28 million people filed jobless claims for the week ending March 21. Of those, more than 114,000 were in Illinois, and according to financial experts, the amount of jobless claims could continue to grow.
“We learned from the foreclosure crisis that started back in 2008 and 2009, so this is an opportunity to get in front of this health-induced economic crisis right now to lessen the impact on our LMI homeowners and working class neighborhoods,” Clarke added.
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About Housing Action Illinois
Housing Action Illinois is a statewide coalition that has been leading the movement to protect and expand the availability of quality, affordable housing in Illinois for more than 30 years. Our 160+ member organizations include housing counseling agencies, homeless service providers, developers of affordable housing and policymakers. We bring everyone together to work toward our vision of an Illinois where everyone has a stable, good home.
About Neighborhood Housing Services of Chicago
Established in 1975, Neighborhood Housing Services of Chicago (NHS) is a nonprofit neighborhood revitalization organization committed to helping homeowners and strengthening neighborhoods throughout Chicago and South Suburban Cook County.