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Quick Hit
by Ellyn Fortino
9:02am
Mon Sep 19, 2016

Proposed Constitutional Amendment Seeks To Protect Illinois Transportation Funding

When Illinoisans hit the polls in November, they will see a proposed constitutional amendment on the ballot asking whether the state should put transportation funding in a "lockbox" so that it cannot be used for non-related spending.

If the amendment passes, the Illinois Constitution would be amended to ensure transportation funding is safeguarded from being spent on other purposes, like balancing the state budget.

Citizens to Protect Transportation Funding, a coalition of business, labor and construction groups, is leading the advocacy effort in support of the so-called "Safe Roads Amendment," which made it onto the November 8 ballot after strong bipartisan approval from the state legislature.

Quick Hit
by Ellyn Fortino
3:54pm
Wed May 25, 2016

Illinois Renters Must Earn Nearly $20 An Hour To Afford A Modest Two-Bedroom Apartment, Report Finds

Minimum wage earners in Illinois must work 97 hours a week, year round to afford a modest, two-bedroom apartment in the state, according to the annual "Out of Reach" report for 2016.

The National Low Income Housing Coalition and Housing Action Illinois jointly released the report, which shows that the gap between wages and rents continues to widen both nationally and in Illinois.

The Fair Market Rent (FMR) price for a two-bedroom unit in Illinois is $1,039, up from $977 last year. That means Illinois renters must now earn $19.98 per hour, or at least $41,567 annually, to afford a two-bedroom apartment without paying more than 30 percent of their income on housing. 

Overall, Illinois has the nation's 16th most expensive two-bedroom housing wage. Nationally, the average wage necessary to afford a modest, two-bedroom rental is $20.30.

Quick Hit
by Ellyn Fortino
1:08pm
Tue Aug 12, 2014

Report: High Housing Costs Persist For Millions Of Americans, Renters Hit The Worst

The U.S. housing industry saw some progress in 2013 due in part to increased housing construction as well as rising home prices and sales, according to the annual State of the Nation’s Housing report by the Joint Center for Housing Studies at Harvard University.

Despite areas of improvement, however, the report found that homeownership rates are still trending downward, low-income households face persistent challenges finding affordable housing and millions of Americans continue to grapple with high housing costs.

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