Congressman Rush Opens "Homeownership in Ten Weeks"

Apr 17, 2003
Press Release

Chicago, IL ---- Congressman Bobby L. Rush (D-IL.) and the First Congressional District Housing Task Force will conduct, "Ten Weeks To Homeownership" Conference on Saturday, April 19, 2003, from 10:00 A.M. - 3:00 P.M., at the Bronzeville Military Academy, 3519 South Giles (King Drive & 35th Street), Chicago.

The Conference targets those persons who are currently paying rents comparable to mortgages. Those that qualify will be moved into the 10-week homeownership course.

"Today's mortgage rates are at their lowest in over 40 years," said Congressman Bobby L. Rush. "As a result, today's mortgage payments can be less than what many southside residents currently pay in rent," Rush stated. "A $90,000 home is approximately $522.00 a month. This is solid financial planning."

ROE CDC is the local organization responsible for coordinating the Conference.

The Conference is open to credentialed media. For photos, press kit and video/audio, please call 773/778.2371.