Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas
Social mixing is one of the key objectives of the housing policy in OECD countries. The Low-Income Housing Tax Credit (LIHTC) program, the largest affordable housing construction program in the US since 1986, has recently set creating mixed-income communities as one of the standards. As a project-ba...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-10-01
|
| Series: | Urban Science |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2413-8851/5/4/79 |
| _version_ | 1797500081276977152 |
|---|---|
| author | Sohyun Park Aram Yang Hui Jeong Ha Jinhyung Lee |
| author_facet | Sohyun Park Aram Yang Hui Jeong Ha Jinhyung Lee |
| author_sort | Sohyun Park |
| collection | DOAJ |
| description | Social mixing is one of the key objectives of the housing policy in OECD countries. The Low-Income Housing Tax Credit (LIHTC) program, the largest affordable housing construction program in the US since 1986, has recently set creating mixed-income communities as one of the standards. As a project-based program, LIHTC developments are likely to influence residential mobility; however, little is known about its empirical effects. This study investigated whether new LIHTC projects are effective at attracting heterogeneous income groups to LIHTC neighborhoods, thereby contributing to creating mixed-income communities. Using unique individual-level household movement data combined with origin–destination neighborhood characteristics, we developed zero-inflated negative binomial (ZINB) models to analyze the LIHTC’s impact on residential mobility patterns in Franklin County, Ohio, US, from 2011 to 2015. The results suggest that the LIHTC attracts low-income households while deterring higher-income families, and therefore the program is not proved to be effective at creating mixed-income neighborhoods. |
| first_indexed | 2024-03-10T03:56:45Z |
| format | Article |
| id | doaj.art-130d78f1cd234e608c42f02d03cff9a7 |
| institution | Directory Open Access Journal |
| issn | 2413-8851 |
| language | English |
| last_indexed | 2024-03-10T03:56:45Z |
| publishDate | 2021-10-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Urban Science |
| spelling | doaj.art-130d78f1cd234e608c42f02d03cff9a72023-11-23T10:53:06ZengMDPI AGUrban Science2413-88512021-10-01547910.3390/urbansci5040079Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban AreasSohyun Park0Aram Yang1Hui Jeong Ha2Jinhyung Lee3Department of Geography, The Ohio State University, Columbus, OH 43210, USADepartment of City and Regional Planning, The Ohio State University, Columbus, OH 43210, USAIndependent Researcher, London, ON N6A 5C2, CanadaDepartment of Geography and Environment, Western University, London, ON N6A 5C2, CanadaSocial mixing is one of the key objectives of the housing policy in OECD countries. The Low-Income Housing Tax Credit (LIHTC) program, the largest affordable housing construction program in the US since 1986, has recently set creating mixed-income communities as one of the standards. As a project-based program, LIHTC developments are likely to influence residential mobility; however, little is known about its empirical effects. This study investigated whether new LIHTC projects are effective at attracting heterogeneous income groups to LIHTC neighborhoods, thereby contributing to creating mixed-income communities. Using unique individual-level household movement data combined with origin–destination neighborhood characteristics, we developed zero-inflated negative binomial (ZINB) models to analyze the LIHTC’s impact on residential mobility patterns in Franklin County, Ohio, US, from 2011 to 2015. The results suggest that the LIHTC attracts low-income households while deterring higher-income families, and therefore the program is not proved to be effective at creating mixed-income neighborhoods.https://www.mdpi.com/2413-8851/5/4/79residential mobilityLIHTChousing policymixed income neighborhoodgravity modelzero-inflated negative binomial model |
| spellingShingle | Sohyun Park Aram Yang Hui Jeong Ha Jinhyung Lee Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas Urban Science residential mobility LIHTC housing policy mixed income neighborhood gravity model zero-inflated negative binomial model |
| title | Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas |
| title_full | Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas |
| title_fullStr | Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas |
| title_full_unstemmed | Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas |
| title_short | Measuring the Differentiated Impact of New Low-Income Housing Tax Credit (LIHTC) Projects on Households’ Movements by Income Level within Urban Areas |
| title_sort | measuring the differentiated impact of new low income housing tax credit lihtc projects on households movements by income level within urban areas |
| topic | residential mobility LIHTC housing policy mixed income neighborhood gravity model zero-inflated negative binomial model |
| url | https://www.mdpi.com/2413-8851/5/4/79 |
| work_keys_str_mv | AT sohyunpark measuringthedifferentiatedimpactofnewlowincomehousingtaxcreditlihtcprojectsonhouseholdsmovementsbyincomelevelwithinurbanareas AT aramyang measuringthedifferentiatedimpactofnewlowincomehousingtaxcreditlihtcprojectsonhouseholdsmovementsbyincomelevelwithinurbanareas AT huijeongha measuringthedifferentiatedimpactofnewlowincomehousingtaxcreditlihtcprojectsonhouseholdsmovementsbyincomelevelwithinurbanareas AT jinhyunglee measuringthedifferentiatedimpactofnewlowincomehousingtaxcreditlihtcprojectsonhouseholdsmovementsbyincomelevelwithinurbanareas |