Affordable Housing Strategies in Illinois – Meeting Community Needs in 2025

Affordable housing remains one of Illinois’ most urgent real estate challenges. Population growth, rising construction costs, and zoning barriers have placed homeownership and quality rentals out of reach for many. This article explores solutions that are working across the state — supported by fictional case studies and insights from Hirsh Mohindra . Case Study: Public-Private Partnerships in Champaign In the city of Champaign, a real estate firm collaborated with local government to develop a mixed-income community. In exchange for using city-owned land and receiving infrastructure subsidies, the developer agreed to set aside 30% of the units for low- and moderate-income families. “Public-private partnerships are critical for bridging the affordability gap,” said Hirsh Mohindra. “When aligned correctly, they create long-term value for both investors and communities.” The project included on-site childcare, workability improvements, and access to public transit. The waiting list ...