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Illinois Affordable Housing Primer

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More and more Illinois families are finding themselves faced with a housing crisis. As rents rise across the state, wage earners are spending larger percentages of their income on their housing and have less funds available for food, clothing, transportation and other living costs. The growing state population combined with numerous condo conversions and demolitions of older buildings has reduced the number of rental units available at any one time, dramatically tightening the market. Costs of purchasing a home have also increased, putting buying a home out of reach for many middle-income earners. The current economic climate, with wages remaining flat or growing at the rate of inflation, only adds to Illinoisans' difficulties in meeting rising housing costs. Lack of affordable housing for rent and purchase is a serious problem in Illinois that will continue to grow if not systematically addressed.


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