Illinois has a shortage of about 142,000 housing units and must build 227,000 in the next five years to keep pace with demand, a number that would require recent annual production rates to double, ...
MOLINE, Ill. — A new bill moving through the Illinois legislature could significantly impact housing development in the Quad Cities and beyond. Sponsored by State Senator Mike Halpin, SB1926 seeks to ...
John Petruszak opened his email Feb. 27 to find a message he called “shocking”: the federal Department of Housing and Urban Development had rescinded two grants it had awarded to his advocacy ...
The number of homeless people in Illinois is rising, but the state’s spending on homeless prevention and other housing programs is headed in the other direction. Facing a tight budget year with ...
CHICAGO — Illinois Governor J.B. Pritzker signed a bill on Thursday, July 29 that aims to expand affordable housing and incentives across the state. Under the law, the Illinois Housing Development ...
Last year marked the 10th consecutive year of population declines for Illinois. According to estimates from the U.S. Census Bureau, the state lost 32,826 residents from July 2022 to July 2023. Despite ...
Affordability is the biggest challenge facing the housing market today. And that means the most expensive housing markets in the country have seen a disproportionately larger decline in housing market ...
A number of Midwest cities rose to the top of Zillow’s most popular housing markets list, but one Illinois community outranked them all. Rockford was named America’s most popular city for home ...
With concern about affordable housing widespread, you’d think a fundamental question would be asked more often: Is more housing being built? A new study has the unfortunate answer: Not in Illinois.
That's not the case everywhere, though. In today's market, understanding your local level of competition can help you make ...