Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Appian neighborhood in Columbus, Ohio, features a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood has a total of 56 affordable units, all of which are designated as low-income units. Based on the estimated housing inventory of approximately 654 units, the LIHTC funded affordable housing covers about 8.56% of the neighborhood's housing stock.
The LIHTC program has invested $255,000 in tax credits for affordable housing projects in the Appian neighborhood. With 56 total units funded, this translates to an average federal funding of approximately $4,554 per unit.
The first LIHTC project in the neighborhood, Appian Way Apts, was completed in 1989, while the most recent project, Walnut Creek Townhomes, was finished in 1995. This indicates that affordable housing has been present in the neighborhood for over three decades. The 1990s saw the most affordable housing development activity in the Appian neighborhood.
Walnut Creek Townhomes, completed in 1995, is a notable project with 48 units, all of which are three-bedroom units. This suggests a focus on providing affordable housing for families in the neighborhood.
Over the past decade, the Appian neighborhood has experienced some demographic shifts. The population has grown from 1,553 in 2013 to 1,706 in 2022, indicating a moderate increase in residents. Median income has fluctuated but remained relatively stable, rising from $63,122 in 2013 to $69,120 in 2022.
Racial demographics have shown significant changes. The proportion of Black residents increased from 26% in 2013 to 39% in 2022, while the White population decreased from 65% to 45% during the same period. The Asian population also saw growth, increasing from 1% to 9%.
Despite these demographic changes, no new LIHTC projects have been built in the last decade. This could be due to various factors, including potential changes in housing needs, availability of land for development, or shifts in funding priorities.
The Appian neighborhood in Columbus, Ohio, has a modest inventory of LIHTC funded affordable housing, covering about 8.56% of the estimated housing stock. The neighborhood's affordable housing development occurred primarily in the late 1980s and mid-1990s, with a focus on family-sized units. While the neighborhood has experienced demographic changes in recent years, including population growth and shifts in racial composition, there has not been new LIHTC development in the past decade. This analysis provides insights into the affordable housing landscape of the Appian neighborhood and its relationship to demographic trends.