Chicago expands housing supply to ease affordability pressure

Chicago policymakers have introduced measures to increase housing supply, in a move that local activists and construction industry stakeholders have hailed as key to easing affordability pressures on residents.

According to the city's 2025 annual report on homelessness, Chicago is facing its largest gap in affordable and available housing in a decade, with the annual Point-in-Time (PIT) Count estimating that 7,452 people were experiencing homelessness, either in shelters or unsheltered locations, on January 23, 2025.

Steven Vance, a social worker in Chicago, said policies that previously curbed the city's housing supply have pushed up rent costs amid demographic changes.

"Households are declining in size, and that means we need more homes, and I thought it was strange that we would artificially restrict how many homes could get built in Chicago. Right now in Chicago, we have one of the highest rent growths, compared year to year in the country, and so now is a pivotal time to allow more housing," he said.

To address the challenge, Chicago has introduced zoning and land-use reforms, including the Additional Dwelling Units (ADU) Ordinance, aimed at increasing residential density and expanding housing supply.

The ordinance effectively expands housing access across the city by allowing ADUs in attics, basements, and accessory buildings, easing the rent burden and creating more budget-friendly housing options.

"In December 2020, City Council adopted an ordinance that would legalize ADUs in five pilot areas. (With ADU,) rents will maybe not always come down, but they will not climb as quickly as they are now if we have more housing options," he said.

The construction sector in the city has welcomed the policy change, with builders jumping on the opportunity to create new structures. For many in the industry, boosting housing supply is not just about doing business, but about addressing the issue of affordability as Chicago residents themselves.

"The housing market in Chicago has been impacted by the ADU program, to me, in a really big way. It's enabled a lot more rental projects to be constructed. I want there to be more housing in Chicago. I think there is a need for that, and I think there's also a need for responsible development that maintains the character of the neighborhood. Affordable housing to me is a really important issue, and to me, the biggest denominator in affordable housing is the lack of supply. The best route to affordable housing is to have an influx of housing," said Nick Serra, a construction professional.

Chicago expands housing supply to ease affordability pressure

Chinese Premier Li Qiang emphasized advancing agricultural modernization and ensuring food security when making investigation in northeast China's Heilongjiang and Jilin provinces from Monday to Wednesday.

In Heilongjiang Province, Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visited a state farm and observed the growth of soybean, corn, and rice crops. He stressed that autumn grain accounts for the bulk of annual output, calling for stepped-up farmland management and policy support to ensure grain harvest.

Visiting an agricultural science park and a rice research institute, Li asked about seed breeding innovation and black soil conservation, highlighting the importance of science and technology in pursuing higher yields and calling for further efforts in seed breeding, advanced machinery, and smart farming.

At a major water conservancy project, Li reviewed construction progress, urging faster completion to improve flood control, irrigation, and ecological benefits while supporting stable, high-yield harvests.

In Jilin Province, Li visited an agricultural cooperative and learned about its operations. He called for developing diverse forms of appropriately scaled agricultural operations and improving services for agriculture to help smallholders connect with modern agriculture.

At a grain processing plant, Li inspected a corn oil production line and called for boosting intensive processing of agricultural products to extend industrial chains and raise value.

Li also visited the Chagan Lake and learned about the ecological fisheries. He called for actively developing modern eco-aquaculture, promoting integrated development of the farming, forestry, livestock, and fishing industries as well as the development of eco-tourism.

Chinese premier stresses agricultural modernization, food security