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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Adams-Normandie, a neighborhood in Los Angeles, California, has a significant history of affordable housing development through the Low-Income Housing Tax Credit (LIHTC) program. The neighborhood contains 355 units in LIHTC-funded projects, with 348 designated as low-income units. Based on the 2022 population of 19,911 and an estimated housing inventory of 7,629 units, LIHTC-funded affordable housing comprises approximately 4.65% of the neighborhood's housing stock.
The LIHTC program has made substantial investments in Adams-Normandie, with project tax credits totaling $3,480,265. This equates to an average federal funding of $9,803 per unit in LIHTC-funded projects. Affordable housing development in the neighborhood has occurred consistently over more than two decades, with the first recorded project, Adams-Congress Apts, completed in 1996, and the most recent, LA78, finished in 2019.
The 2010s witnessed the most affordable housing activity, with three projects completed during this decade: Jefferson Townhomes / Cunningham Village (2015), Boyle Apartments And Jewel Terrace Apartments (2018), and LA78 (2019). This indicates an increased focus on affordable housing development in recent years.
The LIHTC-funded projects in Adams-Normandie offer a range of unit types to accommodate various household sizes. The inventory includes 63 efficiencies, 101 one-bedroom units, 100 two-bedroom units, 29 three-bedroom units, and 7 four-bedroom units. This distribution suggests a focus on smaller households, with a significant number of units suitable for individuals or couples. The Eugene Thomas Manor, completed in 2000, specifically targets the special needs population, demonstrating an effort to address the unique housing requirements of vulnerable community members.
Over the past decade, Adams-Normandie has experienced demographic shifts that may have influenced affordable housing development. The population has remained relatively stable, fluctuating between 19,000 and 21,000 residents. The median income has shown an upward trend, increasing from $30,813 in 2015 to $47,750 in 2022, potentially indicating a growing need for affordable housing options to maintain economic diversity in the neighborhood.
Racial demographics have also evolved, with a decrease in the Black population (from 22% in 2017 to 13% in 2022) and a small increase in the Asian and White populations. The Hispanic population has remained the majority, consistently representing around 67-69% of residents. These demographic changes may have influenced the types of affordable housing projects developed in recent years.
Adams-Normandie has maintained a consistent commitment to affordable housing through the LIHTC program, with projects spanning from 1996 to 2019. The neighborhood's 355 LIHTC-funded units, primarily designated for low-income residents, contribute to housing diversity and affordability. While the current inventory represents a modest portion of the estimated housing stock, the continued development of LIHTC projects, particularly in the last decade, demonstrates ongoing efforts to address affordable housing needs. The diverse unit types and attention to special needs populations reflect an attempt to cater to various household sizes and vulnerable community members. As the neighborhood continues to evolve demographically and economically, the role of LIHTC-funded housing remains important in maintaining a balanced and inclusive community.