* State plans program to reduce foreclosures…
Homeowners facing possible foreclosure will be able to apply to refinance their mortgages at stable, affordable rates under a program to be announced Thursday by Gov. Rod Blagojevich.
The Homeowners Assistance Initiative program, funded with $200 million from four mortgage lenders, is aimed at trying to ease the rising tide of home foreclosures.
* CQ Politics’ Fundraising Top 10s: Best-Funded House Incumbents…
9) Melissa Bean , Democrat, Illinois’ 8th ($1.9 million). Though Bean is a centrist Democrat with an effective campaign style, she probably will be a target of the Republican Party as long as she represents this suburban Chicago district, which historically has voted more Republican than Democratic. This year, as she runs for a third term, is no exception: She is opposed by Republican Steve Greenberg, a businessman.
* McCain to raise cash for Oberweis in race to succeed Hastert
* Both parties think the 14th District is theirs to take
* Hidden in the sewers
During the year that Mayor Daley’s son had a hidden ownership stake in a sewer company, the business not only landed lucrative deals at City Hall, it also got work from another local government — the Metropolitan Water Reclamation District of Greater Chicago.
* United across party lines, lawmakers take FutureGen fight to Bush
* Officials worry about local economy in wake of Rend Lake closings
* Quinn urges veterans’ children to apply for scholarship
* More Illinois students taking, failing Advanced Placement tests
* Chicago must improve opportunities for African-Americans, study says…
Chicago’s African-American population has the city’s biggest untapped economic potential and will play a key role in determining whether the city is globally competitive in the next decade, a study released Wednesday states.
To realize this potential, Chicago’s government and business leaders must improve academic, business and job opportunities for African-Americans, who make up 37 percent of the city’s population, the Chicago Urban League report says.
* The Mayor in the Mirror - When it comes to skyrocketing property taxes, Mayor Daley is wagging his finger in the wrong direction.
* Daley: Property tax assessment reform sought
* Ameren defends request for rate hike in Illinois
* Illinois authorities to compile list of felons needed for DNA database; more here
* Pothole on Edens Expressway snarls morning traffic near Northbrook
* I-55 express bus planned
* City of Aurora and Planned Parenthood are sued over alleged zoning violations at clinic site
The plaintiffs, including residents and a group called Fox Valley Families Against Planned Parenthood, say the clinic misrepresented itself to the city and to the public, denying residents a chance to express opposition to the clinic.
* Cashing in on the Land of Lincoln
* Buckingham Fountain set for $25 million face-lift