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Peoria presents 2025 housing assessment under SB 1162, flags widespread cost burden
Summary
City staff presented the 2025 housing needs assessment required by SB 1162, reporting about 40% of households earn at or below 80% of area median income and that nearly half of renters are cost-burdened; staff outlined policy options including a local housing trust fund and promised a fuller policy package in spring 2026.
Chris Hawkes, the city planning/neighborhood staff presenter in the record, presented Peoria’s 2025 housing needs assessment — the update the city must file under state law. He said the purpose of the assessment was both to satisfy legislative reporting and to inform policy work the council will consider in spring 2026.
The presentation restated the HUD standard for affordability: "Affordable housing is when you spend 30% or less of your gross income for your housing needs," and then placed Peoria’s local…
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