While some housing programs saw increases that offset reductions to Home Illinois, total spending on housing programs is down by $14.6 million in the FY26 budget, to $354 million.

Capitol News Illinois Capitol News Illinois | Housing funding cut in Illinois budget as homelessness increases By Ben Szalinski [email protected] Jul 6, 2025 ...

According to the accounting firm Novogradac, increasing the tax credit and lowering bond financing requirements for housing ...

The FY26 budget cuts tens of millions of dollars of funding to housing programs, including the governor’s signature program designed to end homelessness in Illinois.

It found a full-time employee in Illinois needs to earn an hourly wage of $29.81 to afford such an apartment at fair market value while not devoting more than 30% of their income to housing costs.

Pritzker’s administration had previously targeted housing programs for substantial increases in recent years. The FY26 budget appropriated $263.7 million for Home Illinois, down from $290.3 ...