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Six assistance programs for first-time homebuyers in Illinois

Caitlin WilsonReboot Illinois

Aug 19, 2014

A  2012 study by the National Association of Realtors found that home ownership improved local economies and helped maintain stronger communities. It found that owner-occupied households saw better property maintenance, and those who owned their homes were less likely to receive public assistance and be victims of crime and be more likely to be healthy, volunteer and vote. The children of homeowners were found to have higher levels of academic achievement and be at lower risk for teenage pregnancy.

Despite the apparent benefits to communities with high numbers of homeowners, the study found home ownership declining, with fewer people…

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