>> GOOD EVENING AND WELCOME TO CHICAGO TONIGHT.

LATINO VOICES.

I'M JOHN THAT IN ON THIS ON THE SHOW TONIGHT.

A LOOK AT HOW MUCH THE CITY SPEND ON CARE FOR MIGRANTS LAST YEAR.

MEANWHILE, SEVERAL CHICAGO SUBURBS ARE TAKING STEPS TO CURB ANNOUNCE MIGRANT DROP-OFFS.

>> GIVING THANK LIVE MORE CALM.

>> WE VISIT A PLACE WHERE MIGRANTS ARE STARTING A NEW LIFE BEYOND A CITY SHELTER.

AND WHAT HOME BUYERS AND SELLERS CAN EXPECT 2024.

AND NOW TO SOME OF TODAY'S TOP STORIES, A GROUP OF ILLINOIS VOTERS ARE TRYING TO KICK FORMER PRESIDENT DONALD TRUMP OFF THE BALLOT IN MARCH PRIMARY AND THE NOVEMBER ELECTION.

>> WBZ IN THE CHICAGO SUN-TIMES WERE THE FIRST TO REPORT ON THE VOTER'S FILING TO THE STATE BOARD OF ELECTIONS IN IT.

THE GROUP SAYS TRUMP IS NOT QUALIFIED TO RUN BECAUSE OF HIS ROLE IN THE JANUARY 6 INSURRECTION AND A PREVENTION IN THE 14 AMENDMENT THAT BANS INSURRECTIONISTS FROM HOLDING PUBLIC OFFICE, COLORADO AND MAINE HAVE ALREADY DECIDED TO REMOVE TRUMP FROM THE BALLOT WHILE CHALLENGES IN 14.

OTHER STATES ARE PENDING, THE CASES WILL LIKELY BE DECIDED BY THE U.S. SUPREME COURT.

AND SOME CHICAGO FAMILIES WITH TIES TO GAZA ARE ASKING LOCAL AND STATE POLITICIANS TO TAKE MORE ACTION IN THE ONGOING CONFLICT TODAY.

THE CHICAGO CHAPTER OF THE COUNCIL ON AMERICAN ISLAMIC RELATIONS HELD A NEWS CONFERENCE ALONGSIDE PALESTINE IN AMERICAN FAMILIES AND DOCTORS TO PLEAD WITH LOCAL OFFICIALS TO HELP THEIR FAMILIES IN GAZA AND CALL FOR A CEASEFIRE.

A LOCAL MEDICAL RESEARCHER SAYS HE HAS 12 FAMILY MEMBERS LIVING ON THE STREET WHILE THOUSANDS DEAL WITH THE LACK OF FOOD.

MY COUSIN HAD DEAL.

>> SHE WAS DOING KIDS ACTIVITIES SCHOOL.

WERE THEY THOUGHT A SAFE PLACE?

IS IT AND START >> AND 2 ICONIC MUSICIANS IN LEGENDARY PERFORMERS ARE COMING TOGETHER FOR A CONCERT CHICAGO THIS SUMMER.

STEVIE NICKS AND BILLY JOEL WILL SHARE THE STAGE A SOLDIER FIELD ON JUNE.

21ST FOR A ONE NIGHT.

ONLY SHOW THAT ANNOUNCEMENT WAS MADE TODAY AT SOLDIER FIELD.

TICKETS ARE SET TO GO ON SALE TO THE GENERAL PUBLIC JANUARY.

12TH.

UP NEXT, HOW MUCH THE CITY SPENT ON CARE FOR MIGRANTS LAST YEAR.

REPORTER HEATHER SHARON BREAKS IT DOWN FOR US RIGHT AFTER THIS.

>> CHICAGO TONIGHT, LATINO VOICES IS MADE POSSIBLE IN BY THE SUPPORT OF THESE DONORS.

>> CITY OFFICIALS PAID AT LEAST 138 MILLION DOLLARS IN 2023.

TO HOUSE FEED CARE FOR MIGRANTS SENT TO CHICAGO FROM THE SOUTHERN BORDER.

THAT'S ACCORDING TO NEW DATA OBTAINED BY W T TW NEWS.

BUT THAT TALLY DEFIES PREDICTIONS RELEASED BY CITY OFFICIALS HOBER.

BUT THE COST OF THE MIGRANT CRISIS WITH TOP 361 MILLION DOLLARS BY THE END OF LAST YEAR.

W T TW NEWS REPORTER HEATHER SHARON JOINS US NOW WITH A LOOK AT THE FINANCIAL TOLL OF THE HUMANITARIAN CRISIS GRIPPING CHICAGO.

NOW, HEATHER, FIRST QUESTION, CHICAGO APPEARS TO HAVE SPENT ABOUT 40% LESS CARING FOR THE MIGRANTS LAST YEAR THAN OFFICIALS EXPECTED.

WHY?

WHAT THOSE PROJECTIONS HERE MARKED 158 MILLION DOLLARS TO BUILD MASSIVE BASE CAMPS TO HOUSE THE MIGRANTS.

AND AS WE ALL KNOW, THOSE PLANS NEVER CAME TO FRUITION.

>> BUT EVEN ACCOUNTING FOR THOSE PROJECTIONS, THERE'S ABOUT 65 MILLION DOLLARS LESS THAT THE CITY ACTUALLY SPENT.

THEN THEY HAD A THOUGHT THAT THEY WERE GOING TO.

AND I'M NOT SURE WHY I REACHED OUT TO THE MAYOR'S OFFICE AND THE CITY'S BUDGET DEPARTMENT.

I DIDN'T GET A RESPONSE.

AND WHAT DO WE KNOW ABOUT THE 138 MILLION THAT WAS SPENT?

SO MOST OF IT ALL, BUT 11 MILLION DOLLARS WENT TO 3 OUTSIDE FIRMS CHARGED WITH CARING FOR THE MIGRANTS AND THE VAST MAJORITY WENT TO FAVORITE STAFFING, WHICH IS IN CHARGE OF EMPLOYING THE PEOPLE WHO WORK AT THE CITY'S 27 SHELTERS.

NOW, THE CITY RENEGOTIATED THAT INITIAL CONTRACT WITH FAVORITE STAFFING FOR ABOUT 40 MILLION DOLLARS THROUGH THE END OF 2024, WHICH WOULD REPRESENT ABOUT 50 MILLION DOLLARS LESS THE CITY PAY THAT FROM IN 2023.

FOR THAT MONEY COME FROM.

SO MOST OF IT CAME ABOUT 78 MILLION DOLLARS FROM THE STATE AND FEDERAL GOVERNMENTS TO CHICAGO TO HELP THE CITY COPE WITH THE CRISIS.

BUT ABOUT 59 MILLION DOLLARS CAME DIRECTLY FROM CHICAGO.

TAXPAYERS FROM THE FUND THAT THE CITY USES FOR DISCRETIONARY SERVICES.

THE CORPORATE FUND, WHETHER OR NOT THAT WILL BE SORT OF IN THE SIT IN THE IN 2024.

TO COVER IT.

IT'S VERY MUCH AN OPEN QUESTION AND GIVE US AN UPDATE ON THE CRISIS.

SO BY MORNING, NEARLY 27,000 MIGRANTS HAD ARRIVED IN CHICAGO FROM THE SOUTHERN BORDER.

THERE ARE MORE THAN 14,700 PEOPLE IN THOSE 27 CITY SHELTERS.

THERE ARE ABOUT 400 PEOPLE AS OF THIS MORNING WAITING FOR BEDS TO OPEN UP IN THE CITY SHELTERS.

SO THE CRISIS WHICH LAST YEAR DURING THE COLD WINTER MONTHS IS ONLY SHOWING SIGNS OF WELL, THANK ALWAYS FOR THE UPDATE.

THINGS JOIN AND YOU CAN READ HEATHER'S FULL STORY ON OUR WEBSITE.

THAT'S WTW DOT COM SLASH NEWS.

>> UP NEXT, HOW CHICAGO SUBURBS ARE TRYING TO CURB ANNOUNCED MIGRANT DROP-OFFS.

MULTIPLE SUBURBS ARE TAKING ACTION TO PREVENT FURTHER ANNOUNCE MIGRANT DROP-OFFS IN THEIR TOWNS.

THIS COMES AFTER CHICAGO'S CITY COUNCIL PASSED AN ORDINANCE ALLOWING OFFICIALS TO IMPOUND BUSES, BRINGING MIGRANTS TO THE AREA OUTSIDE OFFICIAL HOURS AND LANDING ZONES.

IT'S LED MULTIPLE SUBURBS TO FOLLOW IN THEIR FOOTSTEPS BY PASSING SIMILAR EMERGENCY POLICY.

JOINING US NOW ARE LEADERS OF 2 OF THOSE COMMUNITIES, MAYOR WOODSTOCK, MIKE TURNER, A COMMUNITY LOCATED ABOUT 50 MILES OUTSIDE OUTSIDE OF CHICAGO.

AND MAYOR OF KNOW, CHICAGO, LEON ROCKINGHAM JUNIOR NOW.

THANK YOU BOTH FOR JOINING US NOW, MAYOR TURNER, STARTING WITH YOU, YOUR CITY PASSED AN ORDINANCE OR EARLIER THIS WEEK AFTER RECEIVING AN UNSCHEDULED BUS.

WHAT DOES THAT ORDINANCE AND TELL?

>> WELL, THE ORDINANCE IS MODELED AFTER THE CITY OF CHICAGO AND CITY OF AURORA, ORDINANCE.

HAS A FINE FOR PER PERSON AND OVERALL HEINEN AND THE ABILITY TO IMPOUND THE BUS.

SO IT'S JUST SIMPLY MEANT TO DISCOURAGE.

AND THE GUIDEPOST FROM DOING THESE ANNOUNCED DROP-OFFS AND WOODSTOCK.

>> AND WHY WAS IT IMPORTANT TO TAKE THIS MEASURE?

YOU JUST MENTIONED A LITTLE BIT RIGHT NOW.

>> THE REASON IS THAT, YOU KNOW, CLEARLY, YOU KNOW, CITY OF CHICAGO PUT IN PLACE THE ORDINANCE AND IT WAS SUCCESSFUL BECAUSE THOSE EARLY SOMEWHAT BECAUSE THERE ARE A NUMBER GOING ON ELSEWHERE IN THE CHICAGO METRO AREA, WHERE DOES NOT EQUIPPED AS A CITY TO HANDLE THAT THE MIGRANTS THEY GET DROPPED OFF THERE.

AND SO WE DECIDED AS A COUNCIL THAT YOU KNOW, THAT WE SHOULD PUT IN PLACE A SIMILAR ORDINANCE TO AVOID THOSE DROP-OFFS.

>> AND MAYOR ROCKINGHAM GOING TO YOUR CITY HAS TAKING PREVENTIVE MEASURES AND PASTOR OWN ORDINANCE.

HOW COME?

>> WELL, I AS A TURNER DEBT, WE JUST WANT TO BE A PROACTIVE MAKE SURE YOU KNOW, THE BUSES THAT ARE COMING IN THAT WE ARE AWARE OF THEY'RE COMING.

YOU KNOW, WE WE PASSED A SIMILAR ORDINANCE THAT THAT THEY HAVE TO US KNOW.

72 HOURS IN ADVANCE THEY CANNOT DROP OFF BETWEEN O'CLOCK IN THE MORNING AT 5 O'CLOCK IN THE MORNING.

AND THEY'RE NOT THEN WE ALSO HAVE FUN TO PUT IN PLACE.

ALSO BETWEEN 1000 TO $5,000 APPEARED DEPENDING ON THE SEVERITY.

AND WE JUST WANT TO MAKE SURE IT NOT FOR THE MIGRANTS IS MORE FOR THE TRANSPORTATION OF THE BUS COMPANIES THEMSELVES SO THAT WE KNOW WE ARE MADE AWARE IF THEY'RE COMING IN AND AND THAT WAY GIVES AS I HEADS UP, BEING ABLE TO MAKE SURE THAT WE'RE TAKING CARE OF THEM.

ALSO.

>> AND HAVE EITHER OF YOU HEARD ANY KIND OF COMMUNICATION FROM TEXAS.

CINCY'S ORDINANCE PASSED.

I'M GOING TO YOU, MAYOR TURNER.

>> YOU KNOW, WE'VE WE'VE HEARD WE HAVE ONE DROP OFF PRIOR TO THE ORDINANCE ON DECEMBER 30TH.

WE DIDN'T HEAR ANYTHING THEN AND WE HAVEN'T HEARD ANYTHING SINCE.

>> HOW ABOUT YOU ROCKING A MAYOR?

ROCKINGHAM?

>> I KNOW WE HAVE NOT HEARD OF YOU KNOW, I MEAN, ALL WE CAN SAY IS, YOU KNOW, FROM THE NEWS THAT WE OUT THERE THAT, YOU KNOW, THERE'S MORE BOXES THAT ARE COMING TO CHICAGO.

AND AND, YOU KNOW, WE'RE WE'RE QUITE CERTAIN THAT THEY'RE NOT GOING MAKE IT TO CHICAGO'S THAT, YOU KNOW, THEY MAY BE, YOU KNOW, SURROUND SUBURBS, THAT THEY BE DROPPED OFF.

SO WE JUST NEED TO BE A IN APPROACH TOWARDS IT.

>> AND MAYOR TURNER, WANT TO GO TO YOU CAN TAKE US BACK TO DECEMBER 30TH WHEN YOU HAD A BUS ABOUT ABOUT 40 MIGRANTS ARRIVED, THERE IMMEDIATE REACTION LIKE >> SO WE HAD TALKED ABOUT IT AS A CITY IS THE STEPS THAT WE WOULD TO GET THEM IMMEDIATE SHELTER IN THE TRAIN STATION, ACCESS TO AND THEN WITH AN INTENT TO GUIDE THEM ONTO THE TRAIN AND ENCOURAGE THEM TO TAKE THE TRAINS CHICAGO.

WE ALSO HAD PUTIN PLANS TO CONNECT WITH THE MCHENRY ORGANIZATION AS PART OF THE COUNTY'S 2, THEN CONTACT THE CITY SO THAT WHEN, YOU KNOW, FOLKS WENT ON THE TRAIN, THAT THEY WERE THEN BY SOMEBODY FROM CHICAGO WHICH HANDLES THE, YOU KNOW, FOLKS THAT COULD GET DROPPED OFF THERE.

ALSO SAY THAT OUR COMMUNITY AFTER HEARING THAT THEY'RE GOING TO DROP OFF.

ACTUALLY, WE HAVE SOME GOOD SAMARITANS THAT CAME THROUGH AND CAME OVER THE TRAIN STATION DROPPED WINTER BROUGHT FOOD HELP COORDINATE, YOU KNOW, THINGS FOR THE FOLKS THAT WERE THERE.

SO THERE'S A COMMUNITY OUT.

THERE WAS A COMMUNITY INITIATIVE, YOU WOULD SAY.

I I WOULD SAY IT WAS A COMMUNITY REACTION BECAUSE YOU KNOW WHERE WE WERE.

WE WERE HEARTFELT AND CONCERNED ABOUT YOU KNOW, DESPITE THE BUS ORDINANCE IS NOT ANTI MIGRANT, IT'S KIND OF JUST TO AVOID CHAOS THAT COMES WITH IT.

BUT, YOU KNOW, WE HAVE FOLKS THAT WANT TO TAKE CARE OF THESE THESE FOLKS AND WE DID FOR THE TIME THEY WERE IN WOODSTOCK.

>> NOW IT SEEMS BUSES ARE NOT STOPPING ANYTIME SOON.

CHICAGO HAS AT LEAST ISSUED 95 CITATIONS AND IMPOUNDED 2 BUSES FOR VIOLATING THE RULES.

ARE YOU HOPEFUL TEXAS WILL RESPECT THESE ORDINANCE?

MAYOR ROCKINGHAM?

>> WELL, YOU KNOW, YOU YOU WOULD HOPE YOU KNOW, ANYTHING THAT'S IN PLACE THAT, YOU KNOW, ANY COMMUNITY ARE ANY STATE.

RESPECT?

YOU KNOW, THE COMMITMENT THAT YOU KNOW, YOUR YOUR YOUR ORGANIZATION OR COMMUNITY IS PUTTING OUT AT THIS POINT.

IT DOESN'T LOOK LIKE THAT'S SO AGAIN, WE MUST BE PREPARED.

I KNOW FROM MY CHIEF OF STAFF MY POLICE AND FIRE DEPARTMENT, WE'VE ALREADY PUT PLATE THINGS IN PLACE.

SO IF THEY DO WE ARE WE HAVE WORK YOU KNOW, NORTH CHICAGO'S HOME TO NAVAL STATION GREAT LAKES.

WE'VE BEEN IN CONTACT WITH THEM.

SO THINK IF SOME CASE THAT THEY ARE DROPPED OFF LATE AT NIGHT, WE ARE ABLE TO GET COTS AND BLANKETS.

WE ARE WE HAVE PUT IN PLACE WHERE WE WOULD GET FOOD AND SHELTER FOR THEM AND ALSO JUST, YOU KNOW, IN THE PENDING ON THE THE TIME.

ALSO JUST IN CASE THERE ARE HEALTH NEEDS THAT NEEDS TO BE TAKEN PLACE OR NEED TO BE TAKEN CARE OF.

SO WE PUT THESE THESE THINGS AND HOPEFULLY WE WON'T BE ABLE WHAT WON'T NECESSARILY HAVE TO USE SOME.

BUT IF THEY IF THEY DO COME, WE ARE ARE READY TO GO.

>> TURNER, WHAT WHAT ARE YOUR THOUGHTS?

YOU KNOW, FOR THE LAST YEAR, YOU I'M SURE YOU'VE SEEN THE CRISIS THAT HAS BEEN HAPPENING IN CHICAGO.

THE BUSES ARRIVING THERE AND YOU ONLY HAD ONE BUS WITH 40 ASYLUM SEEKERS ARRIVE TO YOUR AREA.

YOU KNOW, WHAT ARE YOUR THOUGHTS ON WHAT MAYOR ROCKINGHAM HAD JUST MENTIONED?

NOW?

>> YOU KNOW, I THINK THE YOU KNOW, HIS RESPONSE SOUNDS VERY SIMILAR TO OURS THAT HE'S, YOU KNOW, WE WE BOTH ARE SETTING YOU KNOW, WAYS FOR OUR SMALLER COMMUNITIES TO HELP OUT IN THE SITUATION WITH FOCUS.

FOLKS SHOW OUR GOAL IS TO BE HUMANITY.

YOU KNOW, HUMANITARIANS AND TO ASSIST TO THE EXTENT THAT WE CAN.

WE DON'T HAVE THE ABILITY, YOU KNOW, TO TAKE ON ANY KIND OF PERMANENT HOUSING OR MEDIUM-TERM HOUSING WERE RESPONSES FOR FOLKS.

YOU KNOW, I LEAVE THAT TO RESOURCES THAT COME INTO THE CITY OF CHICAGO.

I CERTAINLY UNDERSTAND AND EMPATHIZE WITH THE SITUATION AND MAYOR JOHNSON IS WHAT HE'S HAVING TO DEAL WITH WITH THIS.

AND I THINK AT THE END OF THE DAYS, YOU KNOW, A SOLUTION NEEDS TO OCCUR AT THE FEDERAL LEVEL SO THAT, YOU KNOW, WE HAVE SOME ABILITY TO MANAGE WHAT'S GOING ON WE DON'T CAUSE PROBLEMS IN TEXAS OR CHICAGO OR, YOU KNOW, IN OR CHICAGO OR WITH STAR.

>> AND TALKING ABOUT THE MAYOR, ROCKINGHAM, YOU KNOW, THESE ARE 2 SMALL SUBURBS.

WILL WE JUST SHARE THE SOME OF THE BIGGEST CHALLENGES FOR THE SUBURBS WHEN IT COMES TO 80 MIGRANTS?

>> WELL, I THINK, YOU KNOW, THE BIGGEST THING FINANCIAL, YOU KNOW, COMMUNITIES.

YOU KNOW, OUR BUDGETS ARE VERY SMALL, YOU KNOW, TAKE ON SOMETHING LIKE THIS YOU KNOW, WE JUST WOULDN'T BE ABLE TO HANDLE, YOU KNOW, EVEN AS WE ARE WORKING THROUGH SOME OF THIS YOU KNOW, WE'RE WE'RE WORKING THROUGH OUR LAKE COUNTY COUNCIL OF MAYORS.

WE ALL COME TOGETHER AND SPEAK ON THE ISSUE.

BUT, YOU KNOW, OUR OUR BIGGEST CONCERN YOU KNOW, MAKING SURE THAT WE HAVE THE RESOURCES THAT IF THEY DO COME, YOU KNOW, WE ARE ABLE TAKE CARE OF THAT.

FINANCIALLY AND AND BUDGET REALLY WE'RE JUST CAPABLE OF HANDLING SOMETHING, YOU KNOW, TO THAT MAGNITUDE.

>> AND I WANT TO HEAR FROM BOTH OF YOU SAYS A LAST QUESTION.

WHAT ARE SOME SOLUTIONS OR HELP OUR LEADERS ACROSS THE STATE ASKING FOR MAYOR TURNER TO YOU?

>> WELL, SO I YOU KNOW, FROM MY PERSPECTIVE AS MAYOR, WE'RE GOING TO BE CAN PASS.

AND AND IF IF FOLKS SHOULD HAPPEN TO SHOW UP AND GET DROPPED OFF, WE WANT TO HELP THEM TO THE EXTENT WE CAN.

BUT WE ALSO HAVE LIMITS AS MAYOR ROCKING INSTATED FINANCIALLY AND OUR ABILITY OUR OUR STAFFING AND MONETARY RESOURCES.

SO YOU KNOW WHAT?

WHAT I WANT TO SEE HAVE HAPPENED IS THAT, YOU KNOW, CHICAGO NEEDS MORE ASSISTANCE TO HELP MANAGE IS IN FLUX.

AND WE ALSO, AS I MENTIONED EARLIER, WE HAVE TO HAVE A SOLUTION AT A NATIONAL LEVEL TO TO MANAGING THIS BETTER SO ALL OF US AND INCLUDING THE FOLKS WHO WANT TO COME HERE, YOU KNOW, ARE DOING IN A WAY THAT'S, YOU KNOW, IT'S EASIER FOR ALL OF US TO TO HELP MAN.

>> WELL, THANK YOU BOTH FOR JOINING US ALL THE TIME.

WE HAVE THINK IT TO MAYOR TURNER AND MAYOR ROCKINGHAM.

>> THANK YOU.

GO AND KNOW YOU'RE TO YOU AND YOUR AUDIENCE.

>> THANK JOANNA.

>> THE CITY, 60 DAY SHELTER.

STAY LIMIT.

HAS ASYLUM SEEKERS LOOKING TO FIND PERMANENT HOUSING IN THE AREA?

A NEW PRIVATELY FUNDED APARTMENT STYLE ARRANGEMENT HAS BEEN IN THE WORKS SINCE OCTOBER AND COULD OFFER A SOLUTION IN PARTNERSHIP WITH WTW NEWS JOURNALISM STUDENTS FROM NORTHWESTERN UNIVERSITY'S MADILL SCHOOL OF JOURNALISM TOOK A LOOK AT THIS UNIQUE HOUSING ARRANGEMENT.

>> 28 YEAR-OLD KYRA STRAVA IS A VENEZUELAN ASYLUM SHE INITIALLY STAYED AT THE LARGEST CHICAGO FUNDED MIGRANT SHELTER, BUT SAYS SHE ENCOUNTERED DANGEROUS CIRCUMSTANCES IT CAN BE MORE OF THE WANT TO PAY THAT THEM BEING FRIGHTENED, BUT WILL BE AROUND IT BY DANGER TO CHILDREN ABOUT BECAUSE THERE'S A LOT OF PEOPLE BAD FROM COMPANIES.

THEY LOOK FOR CONFLICT AND THAT BRINGS CONFLICT.

>> SO YOU KIND OF THAT WITH LOCAL MEDIA.

>> SHE NOW LIVES A CUSTOM, AN ARCA IN UPTOWN.

GIVE THANK >> WE LIVE MORE NO ONE IS SMOKING OR IT'S IMPORTANT BECAUSE I FEEL WORKING.

IT'S A BIG PART OF THE COMPUTERS AND WE'LL TALK ABOUT >> MONARCH ORGANIZER LUIS CROW SAYS THAT THE PRIVATELY FUNDED APARTMENT STYLE HOUSING RUN BY LEVELS SEE KNOWLES PROMISES DIGNITY AND COMMUNITY WITH 11 FAMILIES LIVING THAT.

>> SO THE IDEA IF YOU ARE ALONE IN COUNTY, BUT IF YOU FIND COUPLE OF FAMILIES.

SHINE AND TO GET KIDS TO SCHOOL, PICKED THEM UP.

AND HELP THINKS THEY WON'T BE SO LONELY.

>> SOMEONE ARCA HELPS RESIDENTS LEARN HOW TO FINANCE A HOME IN THE CITY THEY HAVE TO SIGN THE CONTACT AND STICK TO IT.

IT'S ALL THE INNING.

>> IT ALSO OFFERS OTHER SUPPORT SERVICES.

>> DO I THINK GLASSES?

GLASSES STATES SHOPPING CLASSES.

CAN TALKED LIKE THAT.

>> ESTABLISHING A COMMUNITY WHILE SETTING UP ASYLUM SEEKERS WITH THE RESOURCES THEY NEED TO FIND PERMANENT FOR WTW NEW THINGS AND NORTHWESTERN'S MEDILL SCHOOL OF JOURNALISM.

I'M ABLE THOMPSON, BEAUTIFUL ONE.

>> YOU CAN READ MORE ABOUT THIS STORY ON OUR WEBSITE.

UP NEXT, HOW 2024 IS SHAPING UP FOR THE HOUSING MARKET.

LEARNING ABOUT INTEREST RATES AND HOME PRICES CAN BE OVERWHELMING.

BUT MANY LATINOS HAVE CONQUERED THOSE CHALLENGES BECOMING A GROWING DEMOGRAPHIC OF HOME BUYERS, ACCORDING TO DATA FROM THE U.S. CENSUS BUREAU HERE TO TAKE A LOOK AHEAD AT THE MARKET IN 2024.

EMIL FABIAN, THE AS VICE PRESIDENT MORTGAGE LENDING AT GUARANTEED RATE.

THANK YOU FOR JOINING US.

I JUST MENTION TO YOU, I JUST BOUGHT A PROPERTY.

SO I UNDERSTAND HOW OVERWHELMING IT COULD BE.

NOW, LET'S START WITH INTEREST RATES AFTER REACHING ALMOST A PERSON LAST YEAR, WE SAW THEM SLIGHTLY IN DECEMBER.

SHOULD BUYERS EXPECT THIS TO CONTINUE IN 2024, WHAT ARE YOUR PREDICTIONS?

SO THAT IS WHAT WE'RE SEEING NOW.

JOANNA IS WE'RE SEEING, YOU KNOW, CONSENSUS ACROSS THE BOARD.

THE FED HAS ALREADY TALKED ABOUT >> THEM, CUTTING THEIR THEIR RATES IN THE IN THIS COMING YEAR.

SO WITH THE FED EXPECTED TO CUT THEIR RATES.

WE COULD THEN SEE ON OUR SIDE, THE MORTGAGE LENDING SIDE.

OUR RATES ALSO GO DOWN.

>> AND FOR PEOPLE DON'T KNOW REALLY WHAT INTEREST RATES MEAN AND THEY PERCENT 7% HOLD PERCENT.

CAN YOU BREAK THAT DOWN FOR US A LITTLE BIT?

SO AN INTEREST RATE IS WHAT THE BANK IS GOING TO BE CHARGING YOU ANNUALIZED OVER THE YEAR BROKEN DOWN MONTHLY AND YOU WILL BE PAYING IT WITH YOUR MONTHLY PAYMENT.

MOST LOANS ARE GOING TO BE A 30 YEAR FIXED INTEREST RATE.

THEY'RE GOING TO END ITS RISE OVER THAT 30 YEAR.

I KNOW THESE ARE A LOT OF SCARY WORDS.

I'M PROBABLY SAYING JOANNA.

>> BUT AT AT THE END OF THE DAY, OVER THE 30 YEARS, IF YOU MAKE PAYMENTS AT THE MINIMUM AMOUNT, YOU'LL PAY OFF THE BALANCE THAT YOU OWE THE THE GOOD NEWS THERE YOU ARE PRIMARILY WITH FIRST-TIME HOME BUYERS.

>> WITH THIS PROBLEM, MORE OF THEM TO WOULD YOU DO THINK THIS WILL PROBABLY MORE THAN ENTER THE MARKET AND BUY THEIR FIRST HOME?

I BELIEVE HISTORICALLY SPEAKING, HOMEOWNER SAID >> IS THE LARGEST CONTRIBUTED TO NET WORTH IN UNITED STATES THE THERE'S STUDIES THAT SAY IN 2019, THE AVERAGE HOMEOWNER HAD A WORTH 40 TIMES GREATER THAN A RENTER.

SO I I DO BELIEVE THAT HOME OWNERSHIP IS STILL GOING TO BE VERY JUST THAT'S THE WAY TO GO.

I KNOW SOMETIMES IT'S NOT MAYBE THE VILE.

THAT'S NOT THE SOLUTION FOR EVERYBODY.

>> YEAH, DEFINITELY SPEAKING.

I WOULD SAY THAT IT IS ALWAYS GOING TO BE ADVANTAGE TO BE A HOMEOWNER.

AND ARE THERE OTHER FACTORS LEADING PEOPLE TO BUY HOMES SUCH AS INCREASING RENTAL PRICES?

THAT'S SOMETHING THAT I HAVE I'M NOT SURE THE EXACT STUDIES IN NUMBERS BEHIND THAT.

BUT WITH RENTS GOING UP, SOME PEOPLE THINK THAT IT IS EASIER FOR THEM TO PAY A MORTGAGE OF RIGHT NOW.

IT'S HARDER TO RENT THERE, BUT SCRUTINIZING RENTERS MORE.

THEY'RE LOOKING AT THEIR CREDIT.

>> THEY'RE LOOKING AT THEIR INCOME.

THEY'RE LOOKING AT THEIR ASSETS.

THEY'RE ALSO ASKING FOR SOMETIMES 2 MONTHS OF A SECURITY DEPOSIT, WHICH CAN SOMETIMES EQUAL A DOWN PAYMENT TO LOT.

SOMETIME.

IT'S IT'S CALLED WHAT WOULD YOU SAY IS ENCOURAGING LATINO BUYERS?

>> AGAIN.

BUT INFORMATION THAT'S COMING OUT THERE ARE REPORTS TALKING ABOUT GROWTH OF >> HISPANIC HOMEOWNERSHIP.

SO JUST BRIDGING THAT WEALTH GAP, I THE RATES OF HOMEOWNERSHIP, WE'RE GOING TO SEE, YOU KNOW, RAISE IN OUR IN OUR LATINO COMMUNITY AND HOW MANY FAMILIES ARE PEOPLE.

WOULD YOU SAY THAT YOU HELP THEM BUY THEIR FIRST HOME LAST IT'S WEIRD TO SAY LAST YEAR COULD GO, YOU WE'VE BEEN FORTUNATE ENOUGH TO HELP HUNDREDS OF THAT'S SOMETHING THAT I LOOK FORWARD TO CONTINUING THIS YEAR FORWARD.

>> AND IN THE FUTURE IS MADE YOU WANT TO GET INTO HELPING PEOPLE, YOU KNOW, PURCHASE HOMES.

GREAT QUESTION.

AND I IT BACK IN 2016 WHEN I GOT LICENSED, I SAW THE JUST A LACK OF INFORMATION THAT SOMETIMES WAS AVAILABLE TO OUR COMMUNITY.

SO I WANTED TO MAKE SURE THAT OUR COMMUNITY HAD SOMEONE THAT SPOKE THEIR LANGUAGE THAT UNDERSTANDS THEM AND THEIR GOAL IS TO HELP ACHIEVE THEIR GOAL OF HOMEOWNERS CAN WITH PERSONAL EXPERIENCE.

YES, I KNOW SOMETIMES IT WITH BETWEEN AGE BRACKET, SOMETIMES IT FEELS LIKE IT'S ALMOST IMPOSSIBLE.

HAVE YOU SEEN AN INCREASE WITHIN THE EDGE LIKE MAYBE LET'S SAY, LIKE BETWEEN 20 35 PEOPLE ARE TRYING TO BUY PROPERTY.

YEAH, THAT IS A THAT'S ANOTHER IN A STUDY THAT'S COME OUT.

THERE IS A LARGE LARGER OFF FAMILY FORMATION THAT'S GROWING IN THE LATINO COMMUNITY.

SO A LOT OF US, INCLUDING MYSELF, FIRST TIME FIRST GENERATION, I'M SORRY, AMERICANS HERE ARE, YOU KNOW, ENTERING THE HOMEOWNERSHIP RIGHT NOW, FIRST GENERATION TO.

SO I THINK WHEN BOUGHT FINALLY MY FIRST PROPERTY WAS A COLD OUT.

I DID.

WAS A UFO.

THE AMERICAN DREAM, AMERICAN SO MOST OF THE PINCH MYSELF LIKE THAT.

I JUST REALLY DO.

ISN'T YOU TELL OTHER PEOPLE WHO ARE SIMILAR AND IN OUR SHOES LIKE YOU CAN DO IT TO CORRECT?

YEAH, THAT'S SOMETHING THAT IT'S VERY ACCESSIBLE ON THIS PAST YEAR.

WE DEALT A LOT WITH AFFORDABILITY JUST WITH THE HIGHER RATES PRICES STAYING HIGH.

>> WITH THE DEMAND WAS STILL HIGH.

SO PRICES STAY HIGH.

SO THE AFFORDABILITY WAS SOMETHING THAT WE REALLY, YOU KNOW, FACE LAST YEAR.

BUT NOW WITH.

>> HOPEFULLY FORECASTED TO GO DOWN.

THE AFFORDABILITY ISN'T SO MUCH THE ISSUE AND WE MAKE HOMEOWNERSHIP ACCESSIBLE TO EVERYBODY TAKEN.

SO YOU COULD PROBABLY GUESS I'M MAYBE MORE PEOPLE ARE GOING TO TRY TO BUY AND OTHER HAND ARE SELLERS GOING TO TAKE THIS INTO CONSIDERATION AND BE MORE WILLING TO SELL WHICH YOU SAY THAT SOMETHING THAT, YOU DEFINITELY OUR REAL ESTATE PROFESSIONALS CAN DEFINITELY, YOU KNOW, HELP ANSWER THAT QUESTION AS WELL.

>> I DO FEEL THAT THEY WILL HOPEFULLY BE INCLINED PUT THE MARKET THE PROPERTY ON THE MARKET.

>> KNOWING THAT THEY CAN ALSO GET INTO A NEW MORTGAGE.

THAT'S NOT THE 8% ANYMORE.

YEAH.

AND WHEN INTEREST RATES POSSIBLY GOING DOWN WITH WHICH THIS WILL HELP THE PROBLEM OF HOUSING INVENTORY.

HOPEFULLY.

I'M WORKING WITH, YOU KNOW, A LICENSED PROFESSIONAL CAN ALSO HELP.

>> FINANCING, MORE CREATIVE.

YOU WHERE WE CAN HELP YOU.

>> EXPAND PROPERTIES THAT ARE AVAILABLE TO YOU WITH DIFFERENT TYPE OF LOAN PROGRAMS.

AND SOMEONE WHO'S BEEN DOING IS WHAT TIPS DO YOU DO?

WOULD YOU HAVE FOR PEOPLE LOOKING TO GET INTO THIS MARKET THIS YEAR?

DEFINITELY REACH OUT TO A START A CONVERSATION.

LET THEM KNOW WHAT YOUR GOALS ARE WORK WITH SOMEBODY THAT IS REALLY GOING TO LISTEN TO YOU AND HELP YOU FOCUS ON YOUR GOALS AND HELP YOU REACH THOSE GOALS INSTEAD OF THEIR OWN PERSONAL GOALS.

THANK YOU SO MUCH FOR JOINING US TODAY.

THANK YOU FOR HAVING JOY AND WE'RE BACK TO WRAP THINGS UP RIGHT AFTER THIS.

>> STORIES ABOUT CHICAGO.

HOME OWNERSHIP ARE SUPPORTED BY FUNDING FROM THE CHICAGO COMMUNITY.

TRUST.

>> AND THAT'S A SHELL TONIGHT.

BE SURE TO CHECK OUT OUR WEB SITE W T TW DOT COM SLASH NEWS FOR THE VERY LATEST FROM W T TW NEWS AND JOIN US TOMORROW NIGHT AT 5.37, FOR THE WEEKEND REVIEW.

NOW FROM ALL OF US HERE, CHICAGO TONIGHT, LATINO VOICES.

I'M JOINED THAT MAN THIS STAY HEALTHY, STAY SAFE, BUT HAS NOT >> CLOSED CAPTIONING IS MADE POSSIBLE BY ROBERT, A AND CLIFFORD LAW OFFICES, A CHICAGO PERSONAL INJURY AND WRONGFUL DEATH THAT SUPPORTS