Chicago continues to pay eyewatering costs to build new affordable housing

Cost per unit, City of Chicago Low Income Housing Tax Credit projects

Data reflects estimated costs at project award stage, rather than final costs at closing. No rehab projects funded in 2019.
Chart: Richard DaySource: Chicago Department of Housing, via Quarterly Reports, (2019-2023), FOIA (2024), Media Release (2025)Get the dataCreated with Datawrapper