March 8, 2023
Melissa Conyears Ervin photo by the City Treasurer of Chicago
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Chicago Treasurer’s Office and R. Seelaus & Co. Invest to Increase Homeownership and Renew Neglected Neighborhoods
More low-to-moderate income homebuyers in Chicago will now be able to realize their dreams of homeownership. Thanks to an innovative public and private partnership between the Chicago City Treasuer’s Office and R. Seelaus & Co., Inc., a certified women-owned, full-service investment and asset management firm, new capital has been invested in Freddie Mac and Fannie Mae that will make mortgages for single-family homes more accessible on the city’s south and west side neighborhoods.