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<DIV STYLE="text-align:Left;"><DIV><DIV><P><SPAN>As part of the Regional Housing Initiative (RHI), the team conducted a submarket analysis. This analysis identifies </SPAN><SPAN STYLE="font-weight:bold;">2020 census tracts </SPAN><SPAN>with similar housing characteristics (density, price, market conditions) and groups them accordingly. This submarket analysis uses a Latent Profile Analysis (LPA) via the mclust package in R to group the region's 1,407 eligible census tracts (tracts with no households or population were removed) into one of eight submarkets. The team reviewed the existing conditions of these submarkets to identify their housing challenges and appropriate policies and strategies for each submarket.</SPAN></P><P><SPAN>Census tables used to gather data from the 2016-2020 American Community Survey 5-Year Estimates.</SPAN></P><P><SPAN STYLE="font-weight:bold;">Data Dictionary</SPAN></P><TABLE><TBODY><TR><TD><P STYLE="font-weight:bold;margin:0 0 0 0;"><SPAN><SPAN>Field</SPAN></SPAN></P></TD><TD><P STYLE="font-weight:bold;margin:0 0 0 0;"><SPAN><SPAN>Name</SPAN></SPAN></P></TD><TD><P STYLE="font-weight:bold;margin:0 0 0 0;"><SPAN><SPAN>Source</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>submarket</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Housing submarket</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>DVRPC</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hhinc_med</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Median household income</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>rent_med</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Median gross rent</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>ten_rent</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households that are renter-occupied</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>ten_own</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households that are owner-occupied</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>vcy</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Residential vacancy rate </SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hhi_150p</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households with incomes of $150,000 or higher</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>yb_59e</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units built in 1959 or earlier</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>yb_6099</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units built between 1960 and 1999</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>yb_00p</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units built since 2000</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>unit_1</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units that are 1 unit in structure</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>unit_2to4</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units that are 2 to 4 units in structure</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>unit_5p</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units that are 5 or more units in structure</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>pct_subsidized</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of housing units that are federally subsidized (Public housing, Section 8, LIHTC)</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020, National Housing Preservation Database (NHPD)</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>med21</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Median single family home sale price, 2021 </SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>The Warren Group, 2021</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>pct_diff</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Median percent change in median single family home sale price, 2016-2021</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>The Warren Group, 2016 & 2021</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hhs_1</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households that are 1-person households</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hhs_2to4</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households that are 2- to 4-person households</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hhs_5p</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Percent of households that are 5 or more person households</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR><TR><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>hu_acre</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>Housing units per acre</SPAN></SPAN></P></TD><TD><P STYLE="margin:0 0 0 0;"><SPAN><SPAN>U.S. Census Bureau, ACS 5-Year Estimates, 2016-2020</SPAN></SPAN></P></TD></TR></TBODY></TABLE><P><SPAN>Please contact Brian Carney, bcarney@dvrpc.org, for more information. 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