To demonstrate home rehab opportunities, CCLBA gives away home

To demonstrate home rehab opportunities, CCLBA gives away home

Vanessa Johnson of Auburn Gresham is the lucky winner of Cook County Land Bank Authority (CCLBA)’s third annual home giveaway. The 1,063 sq.ft, three-bedroom house is situated in Washington Heights neighborhood on Chicago’s South Side. Johnson is a mother of three and an administrator at Harold Washington College, currently rents an apartment.

She will be only responsible for the property taxes, insurance, and utility bills. She is looking forward to living in her own house. “I never had a holiday or birthday dinner at my home,” she said. “I want this house to be a home where all are welcome. It will mean the world to me to have my family comfortably in my home.”

CCLBA says that the giveaways are important for raising awareness of its Homebuyer Direct Program. The program enables people to purchase vacant, abandoned homes at below-market rates, rehab them and earn immediate equity. The program incepted in 2017 and has provided more than 140 homes to homebuyers. Those homebuyers have earned an average of $20,000 in instant equity.

Cook County Commissioner Bridget Gainer, chairperson of the Land Bank says, “Homeownership builds neighborhoods, and it’s a family’s ultimate peace of mind.” Gainer added, “The Land Bank makes that dream more affordable for thousands of people across Cook County. Today, the public and private sectors are coming together to help a homeownership dream become a reality.”

Last year, 3,874 people entered the Land Bank’s annual home giveaway. This year more than 15,000 entered the giveaway. Nicole Johnson‐Scales, senior vice-president, community and economic development, at Fifth Third Bank, which sponsored the award says, “Seeing the excitement on Ms. Johnson’s face is priceless, and we’re honored to play a role in helping one of her dreams come true.”

Senior editor of the Chicago Morning Star

Related Posts
Federal court sentences former associate clerk of Cook County Circuit Court to two years in federal prison
Beena Patel, a former clerk in the Office of Clerk of Cook County’s Circuit Court,
Des Plaines man dies of cold exposure, fifth cold-related death of the season
Cook County medical examiner’s office released a report of the death of a Des Plaines
Firefighters extinguish attic fire in condominium building in Palatine
A fire broke into the 3-story condominium building on Nov. 1, 2019. The Palatine and
Chicago Judge spikes a suit filed against TIF program
A Circuit Court judge of Cook County has spiked a suit filed against a tax-increment-financing
Chicago and Brooklyn in a tug-of-war at trying R. Kelly
R. Kelly can't get away from the spotlight as Chicago and Brooklyn are in a
Chicago weather becoming pleasant for dangerous mosquitos
Chicago has heated up over a few days and it is bringing mosquito season for
Plans of Chicago’s doctors about deficiency of black blood donors
In Cook County, African Americans donors are depreciated. The population of African Americans is 24%
Former Chicago Public Schools employee admits his crime in federal court
Pedro Soto, a 45-year-old Chicago man, pleaded guilty in federal court for committing the crime
Sexual Exploitation of a Child Lands Decatur Man 22 Years in Federal Prison
Daniel A. Betty, 28, of Decatur, Ill., is sentenced to serve 22 years in federal
Marijuana tax revenue approaches $20M a month
Illinois’ recreational marijuana tax revenue is accelerating as it approaches $20 million a month. The