Explore our content

All types | All dates | All authors
State of Illinois

Pages

PI Original
by Ellyn Fortino
4:34pm
Tue May 31, 2016

With End Of Legislative Session Looming, Illinois Budget Deal Appears Unlikely

Tuesday marks the last day of the regular legislative session in Illinois, and it appears unlikely that state lawmakers and the governor will reach a budget deal by the deadline. Progress Illinois rounds up the developments out of Springfield. 

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.

Pages