Housing Inequality for Seniors in Illinois: Data Insights

At Fix Our Homes Illinois, we believe that data is a powerful tool for advocating change. The housing challenges faced by low-income seniors are significant, particularly for those in historically underserved communities. To better understand the scope of these challenges, we have collaborated with experts to analyze housing conditions and repair needs across Illinois counties. This interactive dashboard provides insights into the pressing housing issues affecting senior homeowners throughout the state.

Key Findings from Our Data:

1. Senior Homeownership at Risk: Many seniors across Illinois, particularly in low-income communities, are living in homes that are in desperate need of repair. Over 3,100 loan applications have been filed by senior homeowners seeking assistance to repair their homes, with an average loan request of $119,745. For these seniors, the lack of resources for essential home repairs can mean the difference between aging in place and facing displacement.
2. Racial Disparities in Housing and Home Repair Assistance: Our data highlights stark racial disparities in housing support. Black and Latino homeowners, especially in historically disinvested neighborhoods, are more likely to face challenges in maintaining their homes. This includes higher denial rates for home improvement loans compared to white homeowners. These disparities reflect long-standing systemic barriers that continue to affect communities of color and perpetuate the cycle of housing instability.
3. Loan Denial Rates for Senior Homeowners: The data shows alarming loan denial rates for senior homeowners, particularly those of color, seeking financial assistance for home repairs. Despite owning their homes, these seniors often face rejection when applying for loans to maintain or improve their properties. This inequity in lending practices leaves many homes in a state of disrepair, further compounding the challenges faced by seniors in maintaining a safe living environment.
4. Counties with the Greatest Need for Home Repair Funding: Cook County stands out as having the highest number of home repair loan applications, with 1,242 applications filed. Low-to-moderate income (LMI) borrowers account for the majority of applications, representing 1,973 out of the total. These areas are critical focus points as we advocate for increased public funding and support for low-income senior homeowners.

Why This Data Matters:

The insights from this dashboard provide a clear picture of the housing crisis facing Illinois seniors, especially in communities of color. It reinforces the need for systemic change and greater access to resources for home repairs. By addressing these disparities, we can ensure that seniors are able to age safely in their homes, maintain their independence, and contribute to the strength and resilience of their communities.

How Fix Our Homes Illinois is Taking Action:

With the support of our coalition partners, Fix Our Homes Illinois is advocating for state and local policies that will increase funding and resources for home repairs. We are working to ensure that every senior has access to the financial assistance and services they need to stay in their homes, regardless of their income level or background. By bridging the gap between housing needs and available resources, we are fighting for housing justice and equity for all seniors in Illinois.

Explore the Data:

Our interactive dashboard tracks home repair loan applications, approval and denial rates, and highlights the counties where the need is greatest.

Prepared by Amber Hendley, Woodstock Institute