
Series: Chicago Public Radio Economy Coverage
From: WBEZ
Length: 00:07:15
There are more than 5,000 empty, foreclosed residential buildings all around Chicago right now. The city has $55 million with which to buy, rehab, sell or rent out vacant, foreclosed homes. So now the city has to decide which ones make sense to buy. Doing that means traipsing through vacant, boarded up homes and calculating how much repairs will cost. The non-profit housing developer Neighborhood Housing Services of Chicago is doing that work for the city.