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Chicago’s Housing Crisis Remains Unsolved

February 23, 2024 at 19:00 PM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

(Matthew Du, NewsUSA Reporter) - Creating more affordable, quality housing is one of the most pressing issues facing Chicago, as the city faces a massive, growing shortage of 120,000 affordable housing units in Chicago exists, a recent study by the DePaul Housing Institute reveals.

In response, Mayor Brandon Johnson’s Building Neighborhoods and Affordable Homes was created to provide homebuyer assistance across the city. It’s a $10 million solution to a $10 billion problem. Though the program is set to scale to $100 million a year over the next 10 years, there’s much work required to be able to tackle the problem.

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