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MacArthur Foundation Devotes $68-Million to Foreclosure Fix
By Suzanne Perry
The John D. and Catherine T. MacArthur Foundation has announced that it plans to spend $68-million in grants and low-interest loans through 2009 to help prevent Chicago neighborhoods from being devastated by the national foreclosure crisis.
The Chicago grant maker, saying its project would help 10,000 households, called it the...