Fewer Evanstonians 'rent burdened'
A national affordable housing advocacy group Thursday released a report indicating that three quarters of extremely low income renters in the Chica...
A national affordable housing advocacy group Thursday released a report indicating that three quarters of extremely low income renters in the Chicago area are paying more than 30% of their income on housing. The study, from the National Low Income Housing Coalition , puts Illinois about in the middle of the pack for affordability among the states — with Nevada at the low end, with 86% of extremely low income renters cost burdened, and Maine at the high end, with 52%. The 30% of income level is generally considered by government agencies the maximum amount that a household should have to pay for rent to have enough money left to pay all other household expenses.