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Housing Shortage in Central Illinois

Due to a booming economy in Central Illinois, McLean County finds itself in a housing shortage.

 

With the rapid growth of Rivian Automotive, Ferrero, and other large employers in the area, the need for housing is significant. In fact, the need is so great, Patrick Hoban, the President and C-E-O of the Bloomington-Normal Economic Development Council says the state's largest county needs 8,000 homes built by 2030.

 

 

To help with the housing crunch, the E-D-C is hosting a developer summit in November with contractors from around the state to help build out the infrastructure. The November summit is for contractors and developers from around Illinois.

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