Housing

Housing

Building permits April 14, 2013

Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

CHAMPAIGN

Sunbuilt Commercial, repair/replacement work to storefront at 55-57 E. Main St., $60,000.

16-story building planned for Fourth and Green

CHAMPAIGN — A 16-story apartment building has been proposed for the northwest corner of Fourth and Green streets in Campustown — where an IHOP restaurant and convenience store now stand.

March home sales drop a bit from '12

CHAMPAIGN — Wintry weather and a low inventory of houses on the market helped push down March home sales, the Champaign County Association of Realtors said.

The association's Multiple Listing Service reported 160 sales of homes in March, down from 179 in March 2012.

Residents criticize plan for Champaign subsidized housing

CHAMPAIGN — More than 100 people packed the Champaign City Council chambers Tuesday night, many of them there to criticize a plan to put subsidized housing in west Champaign near the Turnberry Ridge subdivision.

Bay Harbor files for bankruptcy protection

CHAMPAIGN — A Champaign apartment rental business has filed for Chapter 11 bankruptcy protection.

Bay Harbor Apartments LLC is seeking to reorganize its debts as a result of the March 18 filing in U.S. Bankruptcy Court in Danville.

The company, represented by Champaign attorney Brett Kepley, reported total assets of $2.89 million and total liabilities of $8.82 million.

Champaign City Council set to vote on deal with JSM for Lot J project

An earlier version of this story included an incorrect start date for the project based on erroneous information in a city report. The correct date appears below.

CHAMPAIGN — Work could begin in fall 2013 on a much-anticipated 12-story hotel and residential complex at Sixth and Green streets if city council members approve an agreement with JSM Development this week.

Business calendar April 7, 2013

Tuesday, April 9

Building permits April 7, 2013

Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

Permits are listed by applicant, location, description and cost.

CHAMPAIGN

Weger & Associates, addition to Mattis Avenue Free Methodist Church at 1913 S. Mattis Ave., $1,237,721.

More development planned near Rantoul Walmart

RANTOUL — Further development of the South Murray Road area near Walmart Supercenter in west Rantoul is expected to begin this spring.

Rural Rantoul farmer/businessman Joe Warner said work will begin on the 45-acre Stonebridge commercial property west of Murray Road plus a project east of that area.

More mortgage help available to homeowners

A program to help struggling Illinois homeowners with their mortgages has increased the amount of mortgage assistance it can provide.

The Illinois Hardest Hit program, operated by the Illinois Housing Development Authority, can now provide $35,000 in mortgage assistance per household, up from its previous limit of $25,000.