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Celina, Ohio: Sustained Affordable Housing Development through LIHTC Program
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Celina, Ohio, a lakeside community, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 270 total units, with 269 designated as low-income units. This represents approximately 5.6% of the city's estimated 4,808 housing units. Celina has received $551,041 in LIHTC funding for affordable housing projects, averaging $78,720 per project and $2,041 per unit. The city holds 0.13% of Ohio's total LIHTC funding.
The first LIHTC project in Celina, Villa Allegra, was completed in 1988, and the most recent known project, Mackinaw Retirement Village, was finished in 2010. This 22-year span demonstrates a consistent commitment to affordable housing in the city. The 2000s saw the most affordable housing development, with projects such as Williamsburg Square (2005), Celina Gardens (2007), and Mackinaw Retirement Village (2010) being completed during this decade.
The LIHTC-funded housing stock in Celina includes a diverse range of unit types. The inventory consists of 16 one-bedroom units, 104 two-bedroom units, 48 three-bedroom units, and 8 four-bedroom units. This distribution indicates an effort to accommodate various family sizes and living arrangements.
Celina's population has shown modest growth, increasing from 11,820 in 2017 to 12,550 in 2022. The median income has also risen, from $52,516 in 2017 to $56,098 in 2022, indicating improving economic conditions for residents. Racial demographics have remained relatively stable, with a slight decrease in the white population from 93% in 2017 to 90% in 2022. There has been a small increase in diversity, with slight growth in Hispanic, Asian, and multiracial populations.
Despite these demographic changes, no new LIHTC projects have been recorded in the last decade. This could suggest that existing affordable housing stock is meeting current needs or that other housing programs are addressing affordable housing demands.
Celina's LIHTC-funded affordable housing inventory represents a small but significant portion of the city's housing stock. The city has maintained a consistent commitment to affordable housing over the past three decades, with the most active period of development occurring in the 2000s. The diverse range of unit types in LIHTC-funded projects suggests an effort to accommodate various household sizes and needs within the community.
