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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Amelia, an Ohio community, maintains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city possesses 96 affordable housing units, with 73 designated as low-income units. Within the estimated housing inventory of 6,708 units, LIHTC funded affordable housing represents approximately 1.43% of the city's housing stock.
Amelia has received $270,256 in project tax credits from the LIHTC program. This funding translates to an average federal allocation of $270,256 per project and $2,815 per unit. The city accounts for 0.06% of the total state LIHTC funding.
The sole LIHTC project in Amelia is Mallard Glen Apartments, completed in 2001. This development has provided affordable housing in the city for over two decades. The Mallard Glen Apartments project comprises 96 total units, including 8 two-bedroom units and 16 three-bedroom units. This unit distribution indicates a focus on accommodating families and larger households within the affordable housing inventory.
Amelia has experienced consistent population growth over the past decade, increasing from 15,257 in 2013 to 17,509 in 2022. The median income has remained relatively stable, fluctuating between $69,784 and $76,920 during this period.
Racial demographics have remained largely consistent, with the white population constituting the majority at approximately 93-95% throughout the decade. A slight increase in diversity has occurred, with minor increases in Hispanic and multiracial populations.
Despite the population growth, no new LIHTC projects have been developed in Amelia over the last decade. This lack of development may be attributed to the relatively high median income in the area, potentially indicating reduced demand for additional affordable housing units.
Amelia's LIHTC funded affordable housing, though limited to a single project, provides 96 units of affordable housing, with 73 specifically designated for low-income residents. The Mallard Glen Apartments, completed in 2001, has been a long-term contributor to the city's affordable housing stock. While the LIHTC funded units represent a small percentage of the estimated housing inventory, they contribute to addressing affordable housing needs in the community. The city's stable economic indicators and consistent demographic composition over the past decade may have influenced the absence of additional LIHTC developments in recent years.