Update and Action Alert
March 11, 2013
In This Issue
Governor Quinn's Fiscal Year 2014 Budget Proposal: A Mix of Flat
Funding and Cuts
Action Alert: FY 2013 Federal Budget Bills Moving in House and Senate—More
Calls Needed to Senators Durbin and Kirk
Hot Rental Market Makes Affordable Housing Out of Reach for Many
here to see an index of recent updates and alerts.
Extreme Affordable Housing Shortage Continues For Illinois Renters
February 28, 2013
A new report shows that while the rental housing market
may be booming, extremely low-income renters in Illinois are very unlikely
to find an apartment they can afford.
The report, Housing Spotlight: America’s Affordable Housing Shortage,
and How to End It, jointly released by Housing Action Illinois and the National
Low Income Housing Coalition, a D.C.- based research and policy organization,
shows that there are only 28 rental homes affordable and available for every
100 extremely low-income renters in Illinois. Extremely low-income households
have incomes at or below 30% of the area median income.
In the report, NLIHC analyzes data from the 2011 American Community Survey
to compare the number of renters in a variety of income categories with the
number of rental units priced at rents that are affordable to them. The report
also explores the number of rental homes available to each category; that is,
the number of units not occupied by renters with higher incomes. Nationally,
there are only 30 rental units affordable and available for every 100 extremely
In Illinois, a family of four is considered by the federal government to be
extremely low-income if their annual household income is at or below $20,850.
For a single person, the amount is $14,600.
here to read the entire press release.
Click here to see an
index of recent press releases.