How Ohio's Tax Credit Projects Meet Specific Housing Needs

Determining who lives in OHFA-financed multifamily properties is an important step in understanding how we are serving Ohio's affordable housing needs. The infographics below compare current residents in Ohio's Housing Tax Credit (HTC) projects to all of Ohio's low-income (LI) renter households. We find that the population served is disproportionately female. Female HTC residents tend to be older than low-income female renters in general, while male HTC residents are considerably younger than all low-income male renters. While data on race and ethnicity are somewhat limited, black residents make up a larger share of the HTC population than among all low-income Ohio renters. Information like this can tell us where needs are being met, as well as where gaps still exist. For instance, the data show that the HTC is doing a good job of serving low-income women and children in Ohio, while highlighting a need to provide more affordable housing for men aged 20 to 59.

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How Ohio's Tax Credits Meet Needs

Source: OHFA DevCo data (as of June 30, 2019); FY 2017 HUD Income Limits, U.S. Department of Housing and Urban Development; IPUMS-USA, University of Minnesota (based on 2017 data)