CHICAGO –(ENEWSPF)–August 18, 2016. Today, Rep. Schakowsky stood alongside the Renters Organizing Ourselves to Stay (ROOTS) partners, elected officials and Fannie Mae, the nation’s largest foreclosing owner, to announce the acquisition of 44 rental units that will provide stable, permanently affordable housing to an estimated 200 residents. ROOTS works by leveraging cost avoidance strategies to secure discounts up to 30% on foreclosed properties, allowing Enterprise Community Partners, the Cook County Lank Bank and CMHDC…
