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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Glen Burnie, zip code 21060, is an area in Maryland with a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The zip code has a total of 949 affordable units, all of which are designated as low-income units. Based on the estimated housing inventory of 14,150 units, the LIHTC funded affordable housing covers approximately 6.7% of the zip code's housing stock.
The LIHTC program has supported four affordable housing projects in this zip code. The earliest project, Villages At Marley Station, was completed in 1996, while the most recent, Marley Meadows, was finished in 2013. This indicates that affordable housing has been a part of the community for over 17 years. The 2010s saw the most affordable housing development activity, with two projects completed during this decade: Hammarlee House Apts in 2010 and Marley Meadows in 2013.
Looking at the unit distribution, the LIHTC funded projects in this zip code offer a diverse range of housing options. There are 36 efficiencies, 539 one-bedroom units, 344 two-bedroom units, and 21 three-bedroom units. This variety caters to different household sizes and needs within the community.
Over the past decade, the population in zip code 21060 has shown steady growth, increasing from 30,218 in 2014 to 36,931 in 2022. This represents a population growth of about 22% during this period. Concurrently, the median income has also risen significantly, from $74,141 in 2014 to $88,018 in 2022, indicating an overall improvement in economic conditions.
The racial composition of the zip code has remained relatively stable, with a slight decrease in the white population from 69% in 2014 to 62% in 2022. There has been a small increase in the Black population from 17% to 20%, and the Hispanic population has grown from 6% to 10% during this period. The Asian population has also seen a slight increase from 2% to 4%.
Despite the rising median income, the continued development of LIHTC projects through 2013 suggests an ongoing need for affordable housing in the area. The demographic shifts, particularly the increase in minority populations, may indicate a growing diversity in housing needs that LIHTC projects have been addressing.
Zip code 21060 in Glen Burnie, Maryland, has a significant LIHTC funded affordable housing presence, with 949 low-income units spread across four projects. These units represent about 6.7% of the estimated housing stock in the area. The LIHTC projects have been developed over a span of 17 years, with the most recent additions in the early 2010s. The area has experienced notable population growth and income increases over the past decade, along with slight shifts in racial composition. The continued development of affordable housing through 2013, despite rising incomes, suggests an ongoing commitment to maintaining housing affordability in a changing demographic landscape.