Chicago developers remain pessimistic about post-Trump affordable housing policies

Chicago currently has a rental affordability gap of approximately 116,000 units

By Yilun Cheng Medill Reports President-elect Joe Biden has outlined his plans to advance affordable housing nationwide, but with little progress in the past two decades and rising construction costs, Chicago developers remain pessimistic about his proposed affordable housing initiatives. Biden has made an ambitious proposal to invest $640 billion into affordable and quality housing […]