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Does Glenview Have Enough Affordable Housing?

More than 12 percent of Glenview's house and apartment market was considered affordable in 2004. Illinois suggests communities offer at least 10 percent of its market at affordable rates.

Glenview saw a 173 percent bump in rentors between 2000 and 2011, while the number of homeowners who had to spend at least 35 percent of their income on mortgage costs almost doubled, according to the 2000 U.S. Census and 2007-2011 American Community Survey data, the Chicago Tribune reports.

While Illinois suggests at least 10 percent of a community's real estate and apartment market fits within the "affordable" range, Glenview already had 12.4 percent of its market in the "affordable" range when the Illinois Housing Development Agency evaluated the village in 2004, the Chicago Tribune reports.

The U.S. Department of Housing and Urban Development defines affordability as a household that pays 30 percent or less of its annual income on housing.

Click here for the full article.

Do you think Glenview needs more affordable housing options? Has rising housing costs or shrinking incomes created a burden for local homeowners?

Lemony Snicket May 14, 2013 at 11:24 AM
Yes. No more section 8!
Malta May 14, 2013 at 12:40 PM
Glenview is having burglary crime wave. That should be the headline story.... " the great society legacy"
NHL May 14, 2013 at 02:18 PM
i hafta admit: i'm a NIMBY. NO MORE SECTION 8 IN THIS AREA---THIS GOES FOR SURROUNDING TOWNS SUCH AS SKOKIE, MG, NILES, WHEELING, PARK RIDGE, DP AND NORTHBROOK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! how 'bout revitalizing city neighborhoods and putting section 8 there???
Lemony Snicket May 14, 2013 at 02:26 PM
Liberals want to spread the crime around. That's why the pressure to ruin our neighborhoods and schools we pay taxes for.
Dan May 14, 2013 at 02:49 PM
Can you please quantify affordable. It is certainly cheaper than Wilmette, Glencoe, and Kenilworth.
Stan Golovchuk (Editor) May 14, 2013 at 09:57 PM
Hey Dan, I see what you mean. The U.S. Department of Housing and Urban Development defines "affordability" as a household that pays 30 percent or less of its annual income on housing. So affordable housing within a community would annually cost about 30 percent of the community's average annual income. In other words, there's no set value for a property to count as "affordable," it depends on a town-by-town basis.

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