Housing http://wkms.org en Conway Joins Effort to Extend Tax Relief to Hurting Homeowners http://wkms.org/post/conway-joins-effort-extend-tax-relief-hurting-homeowners <p></p><p>Kentucky Attorney General Jack Conway joined an effort to urge Congress to extend tax relief to homeowners who have had mortgage debt canceled or forgiven because of a decline in housing values. Since 2007 mortgage debt that is forgiven after a foreclosure or short sale can be excluded from a taxpayer’s taxable income. But that exclusion will expire at the end of this year. Wed, 21 Nov 2012 13:34:58 +0000 Whitney Jones 24773 at http://wkms.org Conway Joins Effort to Extend Tax Relief to Hurting Homeowners Illinois Foreclosure Rate on the Rise http://wkms.org/post/illinois-foreclosure-rate-rise <p></p><p>Illinois' home foreclosure rate rose 6 percent in October compared to the previous month, and was 19 percent higher than in October of last year. A RealtyTrac report released Thursday shows Illinois with almost 15 thousand foreclosure filings last month, the third-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions. Nationally, October's foreclosure activity rose 3 percent from the previous month but fell 19 percent from October of 2011. Thu, 15 Nov 2012 14:16:56 +0000 Shelly Baskin & The Associated Press 24544 at http://wkms.org Illinois Foreclosure Rate on the Rise Providing Affordable Housing and New Taxpayers to Hopkins Co. http://wkms.org/post/providing-affordable-housing-and-new-taxpayers-hopkins-co <p>Habitat of Hopkins County has built 57 homes since 1990, involving families, many volunteers, and robust fundraising. Hopkins County Habitat for Humanity aims to build 4 new homes this year.&nbsp; Its executive director Heath Duncan is with us on Sounds Good to talk about how they get this done with local volunteers and “caravaners.”</p> Wed, 24 Oct 2012 20:37:12 +0000 Kate Lochte 23663 at http://wkms.org Providing Affordable Housing and New Taxpayers to Hopkins Co.