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Area Communities Work Together to Create Affordable Housing Options

Effort between Bellwood, Berwyn, Forest Park, Maywood and Oak Park and was created to address the high foreclosure rates in Maywood and Bellwood.

Seven affordable homes are now for sale in Maywood and Bellwood, the West Cook County Housing Collaborative has announced.

The homes, six in Bellwood and one in Maywood, will be made affordable to buyers with incomes at or below eighty percent of the area's median income.

A down payment subsidy of up to $10,000 will also be provided.

This program is an effort between Bellwood, Berwyn, Forest Park, Maywood and Oak Park and was created to address the high foreclosure rates in these communities.

In addition, 21 homes will be available in Maywood, Bellwood and Forest Park by the end of 2013. 

Call Marz Timms at  708-771-5801 for more information.

Jolyn Crawford December 24, 2012 at 02:58 AM
What per cent age of foreclosed homes does this represent?
Jolyn Crawford December 24, 2012 at 03:00 AM
Also, what are these communities doing to prevent Foreclosures? Are they looking at the causes and addressing those issues?

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