Title
Do low-income rental housing programmes complement each other? Evidence from Ohio
Date Issued
02 January 2019
Access level
metadata only access
Resource Type
journal article
Author(s)
Federal Reserve Bank of Cleveland
Publisher(s)
Routledge
Abstract
We characterise the rental subsidy use in units developed with construction subsidies and explore whether such concurrent subsidy use responds to needs unmet by a tenant-based programme alone. We develop a typology of households to guide our analysis focusing on voucher use in Low Income Housing Tax Credit (LIHTC) units. Findings for Ohio in 2011 suggest that the use of additional rental assistance in LIHTC can be complementary in serving certain high-need populations, particularly when targeted housing services are provided. Very poor households with special housing needs constitute over 60% of the population with additional rental assistance in LIHTC, yet the extent to which additional housing services are provided to them is unclear. However, our analysis identifies a significant portion of households in LIHTC units that could seemingly be housed in the private rental market, signalling some degree of inefficiency in the current subsidy mix. While we find that very low income voucher holders are more likely to use their voucher in an LIHTC unit when facing a tighter market or a potential gain in neighbourhood quality, the effects are small.
Start page
17
End page
45
Volume
19
Issue
1
Language
English
OCDE Knowledge area
Sociología Temas sociales
Scopus EID
2-s2.0-85029904969
Source
International Journal of Housing Policy
ISSN of the container
19491247
Sponsor(s)
The authors thank Dr Holly A. Holtzen and the staff of the Ohio Housing Finance Agency for providing de-identified household-level data and for helpful comments. The paper also benefited from the insights of Stephanie Moulton, Dionissi Aliprantis, and Gregory D. Johnson, CEO of the Cincinnati Housing Authority, Elaine Gimmel, COO of Eden Inc., and Eric Morse, COO of Frontline Services. The views stated herein are those of the authors and are not necessarily those of the respective Federal Reserve Banks or the Board of Governors of the Federal Reserve System.
Sources of information: Directorio de Producción Científica Scopus