Housing Affordability in McHenry County Towns

A law passed during the Rod Blagojevich days was aimed at communities which do not have much affordable housing. Reports are issued periodically by the Illinois Housing Development Authority. Ten percent is considered acceptable by state regulators. Those under that … Continue reading

Lakewood’s $66 Million TIF Budget Includes $1 Million for Low Income Housing

This is found on page 32 of the Lakewood Tax Increment Financing District feasibility study: The line at the bottom has stirred some interest. It shows $1 million for “affordable housing construction.” Lakewood has been put on a watch list … Continue reading