CASL Launches Two New Housing Assistance Programs

HFED workshops and classes are always critical components of housing success

HFED workshops and classes are always critical components of housing success

 

At a 10:00 AM press conference on Monday, December 15, CASL will announce the official launch of TWO one-time housing assistance programs:

1. Closing cost assistance for first-time homebuyers
2. Rental/security deposit assistance for renters who have hardships

The two programs are funded through the Office of Illinois Attorney General, Lisa Madigan, who dedicated $70 million in funding from the national foreclosure settlement for housing counseling services and relief efforts for Illinois communities that have been impacted by foreclosure crisis.

CASL was awarded a three-year grant to implement a holistic multiple-approach strategy to address foreclosure, stabilization and revitalization of their community through:

  • Prevention: educational workshops to empower families on how to avoid foreclosure;
  • Intervention: foreclosure counseling, referrals and support;
  • Preparation: by educating and supporting renters as well as the next generation of homebuyers who in the past were ill-informed, unprepared and easy preys of predatory lenders;
  • Rental/security deposit assistance for new immigrants who want to live in a specific community, families who recently lost their home due to foreclosure or tenants who are affected by foreclosure or other hardships;
  • New homebuyer closing cost assistance for families who are educated, well-informed and prepared to become first-time homebuyers.

The maximum amount of the one-time rental assistance is $700 whereas the maximum amount of the one-time closing cost assistance is $1,000.

For rental/security deposit assistance, eligible households must have an annual income not more than 150% FPL (Federal Poverty Level), have hardships, and are required to attend financial education classes.

For closing cost assistance, eligible households planning to buy their first home must not earn more than 120% AMI (Area Median Income), and are required to attend first-time homebuyer workshop.

CASL’s 35th Anniversary Taste of Asia

DB2014_web_1024x663

35th Anniversary Taste of Asia

Zhou B Art Center | 1029 West 35th Street in Chicago, IL 60609
Friday December 5th, 2014 | 5:30 pm – 10:00 pm

The Chinese American Service League’s (CASL) 35th Anniversary year entered its concluding month within the chic, familiar vibe of the Zhou B Art Center. Celebrating its 10th anniversary in 2014, the Zhou B Art Center facilitates the exchange of contemporary art between Chicago and the international art community, promoting the convergence of Eastern and Western art forms in the United States. This highly anticipated event was attended by nearly 500 distinguished guests.

Also to be expected of CASL’s major events, there was a Silent Auction of elegant item packages, and a Raffle Drawing featuring prizes from Southwest Airlines (tickets), Best Buy (16 GB iPad Mini) and MingHin Cuisine ($500 in certificates). About twenty Chicago-area Asian restaurants served guests the finest sampling of their menus. Entertainment included traditional dance performances by CASL children, and Indian Bollywood dance performed by A.NU.Bhav of  Northwestern University.

Emcees were Judy Hsu of ABC-7 and Nancy Loo of WGN-TV. Nesita Kwan of NBC-5 and Linda Yu of ABC-7 made special appearances.

JADE level sponsors of the 35th Anniversary Taste of Asia include:
Ariel Investments  |  Mercy Hospital & Medical Center

GOLD level sponsors of the 35th Anniversary Taste of Asia include:
Blue Cross Blue Shield of Illinois  |  David & Marilyn Fatt-Vitale  |  Norm & Bonnie Finkel
Nicor Gas  |  Northern Trust  |  Skidmore, Owings and Merrill  |  Wight & Company
Cary Wong & Judith Tanaka  |  Site Design Group  |  Cigna-HealthSpring  |  BMO Harris

CASL’s Print Media Sponsor is SPLASH.
SplashLogo

In-Kind Cuisine Sponsors include:
B.B.Q. King House  |  Chiu Quon Bakery  |  Furama  |  Hing Kee  |  Isla Pilipina
Joy Yee  |  Lao Beijing  |  Lao Shanghai  |  Peet’s Coffee & Tea |  Mei’s Corner
Mariano’s  |  MillerCoors  |  PepsiCo  |  Sala Bua  |  Strings Ramen  |  Rock Bottom
Sunda New Asian  |  Yum Cha  |  E+O Food and Drink  |  Opart Thai

In-Kind Services & Contributors include:
ClearImpact Sound & Event Services  |  Kenmare Catering  |  M&M Special Events
Zhou B Art Center  |  Truong Enterprises  |  Chicago Oriental Wholesale Market
Yuzu Sushi & Robata Grill