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Chicago Sun-Times
Chicago Sun-Times
National
Fran Spielman

$5M loan fund created to help owners of South Shore condos, co-ops pay for maintenance and repairs

Chicago City Hall (Rich Hein/Sun-Times)

Since the day she took office in 1999, Ald. Leslie Hairston (5th) has been trying to find a way to help condominium and co-op owners defray the cost of maintenance and repairs.

On Tuesday, Hairston’s 23-year-long crusade finally hit pay dirt in a way, thanks to an innovative pilot program concentrated in South Shore that could ultimately be a model for preserving vulnerable aging buildings citywide.

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