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National Low Income Housing Coalition
PI Original
by Ellyn Fortino
6:58pm
Wed May 20, 2015

Illinois Renters Must Earn $18.78 Hourly To Afford A Two-Bedroom Apartment, Report Finds

The gap between wages and rents continues to widen in Illinois and nationally, shows a new report from the National Low Income Housing Coalition.

PI Original
by Ellyn Fortino
12:18pm
Tue Sep 2, 2014

Housing Needs Grow For An Aging America; Low-Income Illinoisans Struggle To Find Affordable Rentals

Progress Illinois takes a look at two recently-released housing reports. One highlights the growing housing needs of America's aging population, while the other examines the shortage of affordable rental units available for low-income households at the state and national levels.

Quick Hit
by Ashlee Rezin
8:07pm
Wed Mar 27, 2013

Minimum Wage Workers In Illinois Must Work More Than 80 Hours Per Week To Afford Rent

Minimum wage workers in Illinois must work 82 hours per week — more than double the hours of a standard work week — and 52 weeks a year, in order to afford to rent a safe, reasonable apartment unit, according to a recent report by the National Low Income Housing Coalition (NLIHC).

An Illinois renter must earn $17.02 per hour to afford the Fair Market Rent (FMR) price of $885 for a two-bedroom apartment, according to the report. That translates to $2,949 per month in income, or $35,392 annually, to ensure the renter spends less than 30 percent of their income on housing.

But the minimum wage in Illinois is $8.25. Meaning, minimum wage workers must work a staggering amount to avoid destitution.

Quick Hit
by Ashlee Rezin
5:32pm
Tue Mar 5, 2013

Illinois Among Nation's Worst In Affordable Housing For Extremely Low-Income Renters

Illinois’ extremely low-income renters are in dire need of affordable housing, according to a recent report issued by the National Low Income Housing Coalition and Housing Action Illinois.

According to the report, for every 100 extremely low-income households in Illinois, there are only 28 available and affordable rental homes. In Illinois, a family of four is considered extremely low-income if their annual income is less than or at $21,650, which is 30 percent of the area median income.

Extremely low-income renters typically spend more than half their income on rent, according to researchers.

“When you are paying 60 or 70 percent of your income toward your housing costs, there’s not much money left for the other necessities of life, such as food, medical costs or investing in your education,” said Bob Palmer, policy director for the statewide housing coalition, Housing Action Illinois.