August 2018 Agency Update

August 2018 Agency Update

OHFA UPDATE - PAGE 3 - AUGUST 2018 NEW HOUSING NEEDS ASSESSMENT HIGHLIGHTS OHIO POLICY CHALLENGES DR. BRYAN GRADY OFFICE OF HOUSING POLICY On June 20, the OHFA Board approved the Agency’s Fiscal Year 2019 Annual Plan and its technical supplement, the Ohio Housing Needs Assessment.The Housing Needs Assessment uses more than 80 data sources to highlight housing needs and trends throughout the state.This year’s report highlights seven of the most pressing needs: • Housing cost burden : One-quarter of Ohio renter households pay more than half of their income toward housing, and the typical moderate- income household spends 62 percent of their income on housing and transportation. • Housing instability :There were over 105,000 eviction filings statewide in 2016, and over 10,000 Ohioans were in homeless shelters or living on the streets on a single night in January 2017. • Housing stock : Over a fifth of Ohio housing units were built before 1940. Seven percent of renter-occupied housing units are structurally inadequate, and only 29 percent of vacant housing units are for sale or rent. • Children : Ohio continues to experience one of the highest infant mortality rates in the country, with 7.4 deaths per 1,000 live births. Over 20,000 public and community school students experienced severe housing insecurity during the 2016-17 school year. • Older adults : Ohioans aged 65 and over will represent 24 percent of the state’s population by 2040; this age group is more likely to experience housing cost burden and is particularly challenged by limited housing availability for persons with mobility impairments. • People of color : Black and Hispanic Ohioans are more than twice as likely to live in poverty as White Ohioans and half as likely to own their homes; further, one in five Black Ohioans lives in a federal Racially or Ethnically Concentrated Area of Poverty. • Appalachia : Ohio’s 32 Appalachian counties have elevated rates of poverty and unemployment, have populations that are older and more likely to have disabilities and, in some areas, are disproportionately affected by the opioid epidemic. Several new data sources were used in this year’s report, the most exciting of which is American Housing Survey (AHS) data. AHS includes detailed information on housing stock, conditions and affordability. In the past, AHS was only available nationally and for selected metropolitan areas. Ohio data were published for the first time earlier this year. The full report is available online here . In addition, the Office of Housing Policy’s new Twitter account is spotlighting one fact from the report every day. Be sure to follow @ohiodoorsteps and search for #OHFActaday to catch up. 2019 ANNUAL P L AN GR OW SUSTAIN PR OMOTE ENGAGE July 1, 2018 - June 30, 2019 1 U.S. Department of Housing and Urban Development. Point- in- Time Estimates. 2017 https://www.hudexchange.info/resource/3031/pit-and-hic-data-since-2007/ OHIO HOUSING NEEDS ASSESSMENT July 1, 2018 - June 30, 2019 Technical Supplement to the Fiscal Year 2019 Annual Plan OfficeofHousingPolicy July1,2018 - June30,2019

RkJQdWJsaXNoZXIy NjQ1MzM3