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Affordable Housing in Dublin, Ohio: LIHTC-Funded Projects in a Growing Suburban City
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Dublin, Ohio is a suburban city with a population of 65,975 as of 2022. The city has two Low-Income Housing Tax Credit (LIHTC) funded affordable housing projects, which provide 61 affordable units, including 9 designated low-income units. These LIHTC-funded units represent approximately 0.24% of Dublin's estimated 25,278 housing units.
Dublin has received $920,000 in project tax credits through the LIHTC program. This amounts to an average of $460,000 in federal funding per project and $15,082 in federal funding per unit. The city's LIHTC funding represents 0.22% of Ohio's total state LIHTC allocation.
The first LIHTC project in Dublin, Avondale Woods of Dublin, was completed in 2013, and the most recent project, Avondale II, was finished in 2018. This indicates that LIHTC-funded affordable housing has been present in the city for at least five years. The 2010s saw the most affordable housing development activity in Dublin.
The LIHTC-funded projects in Dublin consist of 33 one-bedroom units and 28 two-bedroom units. Neither project has a specific target population listed, suggesting they are open to general low-income residents.
Dublin has experienced steady population growth, increasing from 49,921 in 2010 to 65,975 in 2022. The median income has also risen, from $126,277 in 2013 to $137,394 in 2022, indicating an affluent community. The racial composition of Dublin has become slightly more diverse, with the Asian population increasing from 13% in 2013 to 19% in 2022, while the white population decreased from 79% to 72% during the same period.
Dublin's LIHTC-funded affordable housing inventory contributes to the city's housing diversity. The two projects, completed in 2013 and 2018, demonstrate a recent commitment to incorporating affordable housing options in this high-income suburban community. As Dublin continues to grow and diversify, monitoring the need for affordable housing and utilizing programs like LIHTC may be important for maintaining a balanced housing market.
