UCA Annual Spring Showcase

Examples of Other Tailwinds America is short more than 5 million homes, and builders can't make up the difference PUBLISHED TUE, SEP 14 2021-10:55 AM EDT I UPDATED WED, SEP 15 2021.4:14 PM EDT Diana Olick @IN/DIANAOLICK @DIANAOLICKCNBC @DIANAOLICK SHAREf in Expanding High-Speed Internet Will Grow Illinois' Economy The state's Rebuild Illinois capital program and the federal Infrastructure Investment and Jobs Act will invest hundreds of millions of dollars in broadband internet access. Expanding access to 238,000 households, businesses, and farms Boosting economic activity by $2.6 billion over six years KEY POINTS • Some 12.3 million American households were formed from January 2012 to June 2021, but just 7 million new single-family homes were built during that time. • Single-family home construction is running at the slowest pace since 1995. Source: CNBC, 2021 Raising worker incomes by an estimated $843 million annually $ Creating or saving 14,400 jobs over six years ☑ Delivering telework and telehealth opportunities to rural communities ILEPI LABOR & EMPLOYMENT PROJECT FOR MIDDLE CLASS RENEWAL I ILLINOIS RELATIONS Frank Manzo IV, MPP | Illinois Economic Policy Institute | www.illinoisepi.org

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