Kankakee County Economic Update: Housing Market Trends and Small Business Support

In this episode of Kankakee Valley Community Happenings, host Mike Tomano sits down with Angela Morrey from the Economic Alliance to discuss the latest economic updates impacting Kankakee County. This conversation highlights major shifts in the local real estate landscape and the vital resources driving community growth.Addressing the Housing MarketThe discussion opens with an analysis of the current real estate market, addressing the high demand and limited housing options experienced locally and nationwide. Morrey shares insights from a recent housing study and outlines strategic plans to introduce diverse residential developments to the area over the coming months. Listeners will also learn about the state's upcoming housing blueprint initiative and how local residents can make their voices heard at an upcoming community listening session at Kankakee Community College.Supporting Local Small BusinessesThe episode also highlights the critical role small businesses play as the cornerstone of the local economy. The conversation details how business owners can leverage networking opportunities through regional organizations, including the Kankakee County, Manteno, and Momence Chambers of Commerce. Additionally, the episode covers state-level support systems available through the Illinois Department of Commerce and Economic Opportunity (DCEO) designed to help new and existing businesses scale.Listen to the full episode to discover the specific timelines for new developments, find out how to participate in state housing surveys, and learn how to access exclusive tools for local business growth.Resources & Contact InformationEconomic Alliance Website: kankakeecountyed.orgPhone: 815-935-1177Get more from the WVLI Podcast Network! Listen to the WVLI News Update with Rob West every weekday morning. Get the days local news from the greater Kankakee County, IL area in 10 minutes or less. Subscribe now on your preferred podcast platform: https://wvlinewsupdate.buzzsprout.comThe Voices You Trust, Beyond The Dial.