Connect with us

Illinois

A new study finds Illinois needs to build 45,000 homes for five years to address its housing shortage

Published

on

A new study finds Illinois needs to build 45,000 homes for five years to address its housing shortage


A new study shows Illinois has a housing shortage of 142,000 homes and would need to build 45,000 homes each year for the next five years to meet demand.

Researchers from the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois Urbana-Champaign found that rising incomes, employment growth and higher rates of homeownership have increased demand for housing.

The study shows employment in Illinois has increased more than 9% since 2010, and the state now has more than 5 million households — a 4% growth over the past five years.

Frank Manzo IV, co-author of the report and economist with the Illinois Economic Policy Institute, said there aren’t enough houses on the market to accommodate rising interest in homeownership.

Advertisement

“The number of active listings of homes that are for sale are 64% lower than they were prior to the pandemic,” Manzo said. “So, a huge drop-off in the number of homes for sale right at the time when more people are working and more people are earning incomes and wanting to buy their first homes or upgrade to better homes.”

The study shows a 37% increase in the average value of an Illinois home over the past five years.

It also shows the state has averaged only 19,000 building permits for new homes annually since 2020, which is below pre-pandemic levels.

Manzo said the homes that are available cost more as time goes on.

“Improving affordability would require a substantial increase in housing supply to boost inventory, the number of homes for sale and the number of homes being built,” he said. “Illinois could take a number of steps, and these could be statewide.”

Advertisement

He also said easing zoning restrictions, fast-tracking permits and increasing surtaxes on short-term rentals like Airbnb and Vrbo could bring more homes to the market.

While the report shows Illinois is more affordable than most other states, Manzo said there are some factors that can’t be controlled, such as mortgage rates or tariffs on building supplies.

However, Manzo said taking steps to increase affordability will benefit both current and future residents.

“They can take action to reduce the barriers for prospective buyers, for renters, for developers,” he said. “And the data certainly argues in favor of policy changes that boost the number of homes that are available for people to purchase and the number of homes that are affordable for people to purchase.”





Source link

Advertisement

Illinois

Advocates, opponents seek to sway Gov. JB Pritzker on medical aid in dying legislation passed by Illinois General Assembly

Published

on

Advocates, opponents seek to sway Gov. JB Pritzker on medical aid in dying legislation passed by Illinois General Assembly


Illinois could soon join a growing list of states where terminally ill patients would be allowed to take life-ending medication prescribed by a doctor.

The Illinois Senate narrowly approved the “medical aid in dying” legislation in October, after the Illinois House passed it in May, and the legislation is now sitting on Gov. JB Pritzker’s desk.

Pritzker has not said if he’ll sign it, and the controversial legislation has people on both sides trying to bend the governor’s ear.

Medical aid in dying, also called assisted suicide or dying with dignity, is legal in 12 states, with eight others considering similar legislation.

Advertisement

If Pritzker allows the “End-of-Life Options for Terminally Ill Patients Act” passed by the Illinois General Assembly to become law, Illinois could be the first state in the Midwest to allow medical aid in dying.

Suzy Flack, whose son Andrew died of cancer, is among the advocates urging the governor to sign the bill.

Diagnosed with terminal cancer in 2017 in his home state of Illinois, three years later Andrew moved to California, where medical aid in dying is legal, and chose to end his life in 2022.

“He died on his own terms, peacefully. We were all there to see it and embrace him at that moment, and it was really a beautiful thing,” Suzy said. “His last words were, ‘I’m happy. Please sign this. Allow people in Illinois this option.’”

Illinois is on the brink of joining a growing number of states that allow doctors to prescribe a mixture of lethal medication for terminally ill patients.

Advertisement

Outside the governor’s Chicago office on Thursday, many disability advocates, religious leaders, lawmakers, and doctors have called on Pritzker to veto the bill that would legalize what they call state-sanctioned suicide

“The question becomes where do you draw the line in the medical ethics dilemmas?” one physician who identified himself as Dr. Pete said. “We don’t need to go to this crossing of a red line of actually providing a means to directly end life.”

Republican Illinois state Sen. Chris Balkema said he “would really appreciate it if the governor would veto this bill.”

“My plea is that we veto this; come back with language that is constructive on both sides,” he said.

Pritzker has he is reviewing the legislation and is listening to advocates on both sides before deciding whether to sign it.

Advertisement

“It’s a hard issue, and I don’t want anybody to think making up your mind about this is very easy. It’s not. There’s a lot to consider, but most of all it’s about compassion,” he said. “There’s evidence and information on both sides that leads me to think seriously about what direction to go.”

The Illinois legislation would require two doctors to determine that a patient has a terminal disease and will die within six months. The medication provided to terminally ill patients would need to be requested both orally and in written form, and would have to be self-administered. 

The bill was sent to Pritzker on Nov. 25, and he has 60 days from then to either sign it, amend it and send it back to lawmakers, veto it, or allow it to become law without his signature.



Source link

Continue Reading

Illinois

Two rounds of snow on the way to central Illinois – IPM Newsroom

Published

on

Two rounds of snow on the way to central Illinois – IPM Newsroom



Snow is making a comeback in Central Illinois.

IPM meteorologist Andrew Pritchard said A Winter Weather Advisory is in effect for Champaign County and surrounding portions of east-central Illinois beginning Thursday at 3:00 p.m. to Friday at 6:00 a.m.

Snow will spread into Champaign-Urbana between 3-6 PM late this afternoon into the evening with periods of moderate to heavy snowfall continuing overnight. Snow should taper off around sunrise on Friday morning, with around 2-4″ of new snow accumulation expected across Champaign County.

Advertisement

Winds will blow out of the east around 5-10 mph, with minimal impacts from blowing & drifting snow. Still, snow accumulation on roadways could lead to hazardous travel conditions overnight into the Friday morning commute.

On Saturday, the National Weather Service in Central Illinois forecasted for snow to return on Saturday afternoon. The chance of precipitation is 80%. New snow accumulation of 2 to 4 inches possible. Temperatures will drop below zero across much of central Illinois both Saturday night and Sunday night with resulting wind chill values as cold as 15 to 30 below zero.

Advertisement



Source link

Advertisement
Continue Reading

Illinois

Woman facing charges 5 years after infant’s remains found in north suburbs, police say

Published

on

Woman facing charges 5 years after infant’s remains found in north suburbs, police say


RIVERWOODS, Ill. (WLS) — A woman is facing charges five years after the discovery of a dead newborn in the north suburbs.

ABC7 Chicago is now streaming 24/7. Click here to watch

Riverwoods, Illinois police say Natalie Schram gave birth to the baby in May 2020 and then dumped the baby’s body in a wooded area in the 1800 block of Robinwood Lane.

Schram was arrested earlier this month in Washington State and has now bee charged in connection to the crime, police said.

SEE ALSO | 2 charged after infant’s remains found buried at Wilmington home, Will County sheriff says

Advertisement

The suspect is expected to appear in a Lake County, Illinois courtroom on Thursday.

Copyright © 2025 WLS-TV. All Rights Reserved.



Source link

Continue Reading

Trending