CORRECTION: A Tale of Two Cities: Lake Oswego Has One THIRD the Rate of Assisted Rental Housing Compared to Ashland.

CORRECTION: 
An astute reader pointed out that the Ashland HNA indicates a projected 6 unit LIHTC project and NOT 6 additional LIHTC projects.

That results in a reduction in the total count of assisted rental units and ratio of Ashland vs Lake Oswego units; also the ratio of LIHTC units in Ashland to Lake Oswego is now 1 to 1. 

I have changed the headline and counts in the text below and the Excel file accordingly. 

Thanks MUCH to the reader, and my apologies for the error.

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A recent news story HERE highlighted the need for affordable housing in Ashland.

Ashland has only 5% fewer occupied rental units than Lake Oswego (4,498 vs 4,758) , so I thought it might be interesting to compare the count and rate of affordable assisted rentals in Ashland to Lake Oswego. 

So, I extracted from an Ashland Planning Commission meeting agenda (HERE) assisted rental data from a draft Ashland Housing Needs Analysis, added my Lake Oswego knowledge, and also tenure data from the ACS HERE.  

I then created the Excel table HERE (also embedded below).

Observations:
Per 1,000 Occupied Rental Units: 
Lake Oswego Has About One Third The Rate of Assisted Renter Households As Ashland

1. Ashland has 3 times the rate of TOTAL assisted rentals (70 per 1,000 vs. 23 per 1,000).
2. Ashland has 2 times the rate of HUD/RD assisted units in project based rental projects (32 per 1,000 vs. 16 per 1,000).
3. Ashland has 3 times the rate of housing vouchers (22 per 1,000 vs. 7 per 1,000).
4. Ashland has the SAME rate of current and projected LIHTC units. (16 per 1,000).

Assisted Rental Counts
Ashland has 314 assisted rental units; Lake Oswego has 110.




Originally created and posted on the Oregon Housing Blog.