Affordable Housing news
Developers are exploring plans for a new 23-acre senior living community in St. Charles, with 64 independent “living cottages” and a senior living building for assisted living and memory care. 'Cedarhurst of St. Charles' would be on part of the Heisley agricultural property.
Business, government and leaders and residents agree Will County needs more housing, more diverse housing and housing that’s affordable. County leaders are exploring solutions to the growing problem.
Enter your income to see the maximum much you should spend on housing in Will County. Or see how much you would need to make to afford a home. Just enter the price.
The development features 36 one-bedroom and 12 two-bedroom units, located at 1356 Sycamore Road in Yorkville.
DuPage County officials have outlined how they could encourage similar projects and promote more affordable housing throughout the county.
Plans for a 42-unit affordable housing development has been approved in Glen Ellyn
Supporters of the “Build Illinois Homes Tax Credit Act,” modeled after a federal tax credit program, said it would result in over 1,000 affordable housing units being built over its first six years.
Developers and nonprofits looking to bring new affordable housing options to McHenry County could be eligible for a piece of more than $2 million in federal dollars.