Carol Stream to Purchase Fourth House

The Department of Commerce and Economic Opportunity has given a state grant to the Carol Stream in the amount of $304,851. The funds given will be used to purchase a fourth house in the flood-prone neighborhood south of Armstrong Park as part of a voluntary buyout program. Assuming the homeowner formally accepts the purchase offer, the village will then take ownership of the property and be responsible for demolition of the house.

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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.






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