LIHTC Units Relative to Household Growth
The following table illustrates the relationship of LIHTC units authorized
from 1987 to 2005 to household growth over the same period. We have also
compared the total housing permits over the same period to household growth.
How can total starts outpace household growth? There are a variety of factors
that would cause this to happen. The first factor is housing replacement.
These housing permit totals have not been adjusted for demolitions or condemnations.
Second, there is no adjustment for second homes or vacation homes. Third, there is
always a vacancy factor in housing, since much housing development is speculative: often
more housing gets built than there are households to fill them. The market will correct
overbuilding after it begins to affect housing values and vacancy levels, but often supply
outpaces demand significantly before the market corrects itself.
|
State
|
HH growth |
Total
LIHTC Units 1987 to 2006 |
LIHTC
Units as a Percent of HH Growth |
Total
Housing Units Authorized 1987 to 2006 |
Total
Units as Percent of HH Growth |
|
Alabama |
329,032 |
30,548 |
9.28% |
375,353 |
114.08% |
|
Alaska |
51,318 |
2,512 |
4.89% |
41,592 |
81.05% |
|
Arizona |
953,491 |
22,563 |
2.37% |
1,0707,65 |
112.30% |
|
Arkansas |
225,214 |
18,248 |
8.10% |
211,800 |
94.04% |
|
California |
2,307,021 |
119,688 |
5.19% |
3,053,834 |
132.37% |
|
Colorado |
603,166 |
18,745 |
3.11% |
709,476 |
117.63% |
|
Connecticut |
120,344 |
11,914 |
9.90% |
219,737 |
182.59% |
|
Delaware |
86,476 |
6,380 |
7.38% |
114,516 |
132.43% |
|
District of
Columbia |
-9,333 |
|
|
16,591 |
-177.77% |
|
Florida |
2,357,665 |
88,350 |
3.75% |
3,243,167 |
137.56% |
|
Georgia |
1,134,815 |
55,560 |
4.90% |
1,516,670 |
133.65% |
|
Hawaii |
95,904 |
3,933 |
4.10% |
135,651 |
141.44% |
|
Idaho |
200,697 |
7,443 |
3.71% |
220,955 |
110.09% |
|
Illinois |
586,692 |
59,301 |
10.11% |
1,007,988 |
171.81% |
|
Indiana |
419,126 |
35,259 |
8.41% |
674,736 |
160.99% |
|
Iowa |
161,366 |
18,525 |
11.48% |
232,732 |
144.23% |
|
Kansas |
161,930 |
21,516 |
13.29% |
249,131 |
153.85% |
|
Kentucky |
302,097 |
27,063 |
8.96% |
344,966 |
114.19% |
|
Louisiana |
49,329 |
43,938 |
89.07% |
298,906 |
605.94% |
|
Maine |
106,327 |
6,039 |
5.68% |
124,369 |
116.97% |
|
Maryland |
429,028 |
32,746 |
7.63% |
606,898 |
141.46% |
|
Massachusetts |
242,660 |
31,794 |
13.10% |
399,212 |
164.51% |
|
Michigan |
525,477 |
60,136 |
11.44% |
925,126 |
176.05% |
|
Minnesota |
461,165 |
28,485 |
6.18% |
604,533 |
131.09% |
|
Mississippi |
180,754 |
27,010 |
14.94% |
202,864 |
112.23% |
|
Missouri |
388,295 |
33,696 |
8.68% |
499,946 |
128.75% |
|
Montana |
70,706 |
4,301 |
6.08% |
53,131 |
75.14% |
|
Nebraska |
109,833 |
10,713 |
9.75% |
164,421 |
149.70% |
|
Nevada |
539,489 |
9,469 |
1.76% |
647,706 |
120.06% |
|
New Hampshire |
114,596 |
4,079 |
3.56% |
133,465 |
116.47% |
|
New Jersey |
373,860 |
28,883 |
7.73% |
596,410 |
159.53% |
|
New Mexico |
203,039 |
10,825 |
5.33% |
198,504 |
97.77% |
|
New York |
500,938 |
76,720 |
15.32% |
853,124 |
170.31% |
|
North Carolina |
1,069,846 |
42,102 |
3.94% |
1,373,467 |
128.38% |
|
North Dakota |
29,681 |
5,439 |
18.32% |
56,180 |
189.28% |
|
Ohio |
500,374 |
74,395 |
14.87% |
921,758 |
184.21% |
|
Oklahoma |
178,004 |
27,887 |
15.67% |
217,079 |
121.95% |
|
Oregon |
406,387 |
18,620 |
4.58% |
453,458 |
111.58% |
|
Pennsylvania |
434,325 |
55,882 |
12.87% |
850,700 |
195.87% |
|
Rhode Island |
35,166 |
6,591 |
18.74% |
61,656 |
175.33% |
|
South Carolina |
462,872 |
26,150 |
5.65% |
610,115 |
131.81% |
|
South Dakota |
56,331 |
6,713 |
11.92% |
75,712 |
134.41% |
|
Tennessee |
583,855 |
351,72 |
6.02% |
657,756 |
112.66% |
|
Texas |
2,241,226 |
166,610 |
7.43% |
2,378,748 |
106.14% |
|
Utah |
298,679 |
13,553 |
4.54% |
346,041 |
115.86% |
|
Vermont |
54,908 |
4,629 |
8.43% |
55,385 |
100.87% |
|
Virginia |
737,447 |
51,418 |
6.97% |
1,023,677 |
138.81% |
|
Washington |
7361,29 |
28,193 |
3.83% |
858,370 |
116.61% |
|
West Virginia |
48,548 |
10,547 |
21.72% |
72,411 |
149.15% |
|
Wisconsin |
469,756 |
34,738 |
7.39% |
647,468 |
137.83% |
|
Wyoming |
36,130 |
3,872 |
10.72% |
35,900 |
99.36% |
Additional detailed analyses of the LIHTC program at the state level.
Back to main LIHTC page
|
