The Size Of An FHA Loan Will Shrink In 2014!

Lower single-family home loan limits will take effect next year for homebuyers in Chicago and in many other areas who take out a mortgage backed by the federal government. Beginning Jan. 1, the maximum loan size that could be guaranteed by the Federal Housing Administration in the Chicago area will be $365,700, down from the current $410,000, the U.S. Department of Housing and Urban Development announced Friday. Loan limits on other types of single-family properties also will be reduced. For instance, the FHA will currently back a mortgage on a two-flat of up to $524,850. In January, that maximum limit will shrink to $468,150.

33 E. Cedar 5B, Chicago, IL 60611, USA - Huge 1 bed Gold Coast Rush Street Area - real estate listing

1 Bed Rental in the Gold Coast!

33 E. Cedar 5B, Chicago, IL 60611, USA - Huge 1 bed Gold Coast Rush Street Area - real estate listing

Jones Prep Enrollment Expansion

Emanuel lauds Jones Prep expansion, alderman asks for new local high school The mayor's plan will increase the total student population at Jones from 900 to 1,700 by 2016. Jones will add programs focusing on pre-engineering and pre-law, and neighborhood residents will be given first shot at those 300 seats, according to a city news release.

Polar Adventure At Northerly Island

POLAR ADVENTURE DAYS at NORTHERLY ISLAND Saturdays Jan 19th and Feb 16th Noon - 4 p.m. See Siberian huskies, wolves and other live animals Enjoy music from the Old Town School of Folk Music Explore the island on snowshoes (if there's snow) Make a nature-inspired winter craft Encounter birds of prey from Flint Creek Wildlife Rehabilitation Sip hot cocoa while strolling across the prairie Take a bird hike led by Wendy Paulson, co-sponsored by Audubon Chicago, Openlands & The Field Museum