Let Us In, Richie Rich
By Rachelle Bowden in News on Aug 12, 2004 6:35PM
The Illinois Housing Development Authority is requiring that 49 local communities offer more affordable housing under a new state law. The towns are located in Cook, DuPage, Kane, Lake, McHenry and Will counties and are towns where less than 10% of the housing is considered affordable. Affordable, for those of you who do not know, is $125,000 to purchase, $775 to rent. At least that's what the state says. The communities have until April to develop plans to meet the affordable housing goals set by the state.
Click the graphic - via the Trib - on the left to see a full-sized chart with all of the communities and their percentage of affordable housing.