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Illinois agency offers underwater homeowners up to $50,000 in relief

Illinois homeowners who are struggling to handle mortgages that are larger than the value of their homes may be able to get help soon.

Starting Aug. 1, the Illinois Housing Development Authority will offer underwater homeowners up to $50,000 in federal money to reduce the amount they still owe on their mortgages…Please click here to read Gail MarksJarvis’s story in the Tribune.

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