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Affordable Housing in Bryan, Ohio: A 25-Year Development Span
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Bryan, Ohio, a city with a population of 10,324 as of 2022, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory comprising 42 total units, all of which are designated as low-income units. These LIHTC-funded units represent approximately 1.06% of the city's estimated housing inventory of 3,956 units.
Bryan has received $32,243 in project tax credits from the LIHTC program for affordable housing. With three approximate projects, this translates to an average federal funding of $10,748 per project and $768 per unit. The city holds 1% of the total state LIHTC funding.
The first LIHTC project in Bryan, Bryan Senior Village Apts, was completed in 1987, while the most recent project, Bryan Community Apts, was finished in 2012. This indicates a 25-year span of affordable housing development in the city. The 2000s saw the most affordable housing activity, with two projects completed during this decade.
The LIHTC-funded housing in Bryan consists primarily of two-bedroom units (28) and one-bedroom units (10). This distribution suggests a focus on accommodating smaller households and families.
Over the last decade, Bryan's population has remained relatively stable, fluctuating between 9,925 and 10,324 residents. The median income has shown an overall upward trend, rising from $46,296 in 2013 to $52,398 in 2022, with some fluctuations in between. The racial composition of Bryan has remained predominantly white, consistently above 90% throughout the period, with a slight increase in diversity in recent years.
Bryan's LIHTC-funded affordable housing inventory, while modest in size, has been developed over a significant period. The city's demographic trends show a stable population with a gradually increasing median income. The LIHTC projects provide important affordable options for low-income residents. The focus on one and two-bedroom units aligns with the needs of smaller households and families in the community.
