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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Hough neighborhood in Cleveland, Ohio, has a substantial presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. With 1,445 total units in LIHTC-funded projects, including 1,382 designated low-income units, this neighborhood has a significant affordable housing inventory. Based on the 2022 population of 11,579 and an estimated 4,436 housing units, the LIHTC-funded affordable housing covers approximately 32.6% of the neighborhood's estimated housing inventory.
The LIHTC program has invested $6,383,591 in tax credits for affordable housing projects in Hough. This translates to an average federal funding of about $4,417 per unit. The neighborhood has a long history of affordable housing development, with the earliest LIHTC project, Alhambra, completed in 1988, and the most recent, Emerald Alliance X, finished in 2018. This 30-year span demonstrates a consistent commitment to affordable housing in the area.
The 1990s saw the most affordable housing activity, with multiple projects completed during this decade, including Edgehill Properties - Brookfield, Lexington Village Apts II, Park Place Apts, Crawford-Tilden Apt Building, Kenmore Gardens, and Kenmore Village. This period likely represented a significant expansion of affordable housing options in Hough.
The neighborhood's LIHTC-funded housing stock offers a diverse range of unit types, including 99 efficiencies, 474 one-bedroom units, 210 two-bedroom units, 178 three-bedroom units, and 178 four-bedroom units. This variety caters to different household sizes and needs within the low-income population.
Over the past decade, Hough has experienced a population decline, from 13,247 in 2014 to 11,579 in 2022. Despite this decrease, the median income has shown an upward trend, rising from $20,025 in 2014 to $25,814 in 2022. This income growth might indicate improving economic conditions for some residents, but it is important to note that the median income remains relatively low, underscoring the continued need for affordable housing options.
The racial composition of Hough has remained predominantly Black, though there has been a slight decrease from 91% in 2014 to 83% in 2022. Concurrently, there has been a small increase in diversity, with slight growth in the Hispanic, Asian, and White populations. This demographic shift, while modest, may influence future affordable housing needs and strategies in the neighborhood.
The Hough neighborhood in Cleveland demonstrates a significant commitment to affordable housing through its LIHTC-funded projects. With over 30% of its estimated housing inventory dedicated to affordable units, Hough has consistently developed affordable housing options over the past three decades. The variety of unit types suggests an effort to accommodate diverse household needs within the low-income population. While the neighborhood has experienced population decline, rising median incomes and slight changes in racial composition indicate evolving demographic trends. These factors, combined with the substantial presence of LIHTC-funded housing, reflect the ongoing importance of affordable housing initiatives in meeting the needs of Hough's residents.