SOUTH HOLLAND - Last Saturday, Governor Pat Quinn was in south suburban South Holland, talking with struggling homeowners concerned about foreclosure. He lauded a $52 million state program which was set up to prevent foreclosures, but dodged any revelation as to how many homes had been saved with the program. The Huffington Post's David Ormsby wrote that the governor took a little jab at Cook's hike in foreclosures which Quinn included in the pre-event presser:
...What did taxpayers get for the $52 million?
Oddly, the governor's press statement included figures dinging the foreclosure rates in the City of Chicago and Cook County, governed by Quinn's new nemesis Mayor Rahm Emanuel and potential gubernatorial challenger Cook County Board President Toni Preckwinkle.
The Quinn statement noted:
As of September, according to RealtyTrac, one in 376 Illinois homes had some form of foreclosure filing on record. The first half of 2012 saw a 3.1 percent increase in foreclosure filings in the Chicago region, compared to the same period in 2011. For the same period, Cook County as a whole saw an increase of 3.4 percent.
