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CHICAGO — As the city prepares to clear a homeless encampment in Humboldt Park, the area’s shortage of affordable housing remains an issue.
Lack of affordable homes for sale hits minorities hardest, analysis shows ... nearly $6 million on November 2023 in Chicago. ... 2023 to go down as the least affordable year for housing in recent ...
Affordable new homes are especially scarce in and around Chicago. According to a recent study by Construction Coverage, newly built homes represent just 5% of all home sales in the Chicago metro ...
The affordable housing gap especially impacts the lower-income households in America. A 2017 HUD survey found that 89% of extremely low income renter households were moderately or severely cost burdened. 83% of very low income households, 54% of low income households, 20% of moderate income households, and 6% of high income households met the ...
In 2015, the Secretary of Housing and Urban Development criticized the Chicago Housing Authority for accumulating a cash reserve of $440 million at a time when more than a quarter million people were on the agency's waiting list for affordable housing, [30] and a large number of units (16%) remained vacant.
ILLINOIS (WCIA) — Governor JB Pritzker signed an executive order on Wednesday to help expand affordable housing for Illinoisians. The order will enlist agencies throughout the state to explore ...
ABLA Homes (Jane Addams Homes, Robert Brooks Homes, Loomis Courts, and Grace Abbott Homes) was a Chicago Housing Authority (CHA) public housing development that comprised four separate public housing projects on the Near-West Side of Chicago, Illinois. The name "ABLA" was an acronym for the names of the four different housing developments that ...
The U.S. saw an 18.1% increase in homelessness this year, a dramatic rise driven mostly by a lack of affordable housing, natural disasters, and a migrants surge, federal officials said Friday.