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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The zip code 64068 in Liberty, Missouri contains a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This area has 236 total units in LIHTC funded projects, with 191 of these designated as low-income units. Based on the 2022 population of 38,270 and an estimated 14,663 housing units, the LIHTC funded affordable housing comprises approximately 1.61% of the zip code's estimated housing inventory.
The LIHTC projects in zip code 64068 have received $588,654 in project tax credits, averaging about $2,494 per unit. This zip code holds 0.17% of Missouri's total LIHTC funding, indicating a modest but notable contribution to the state's affordable housing efforts.
Affordable housing has been present in this community for over three decades. The earliest LIHTC projects were completed in 1988, including "112 E Franklin St," "Villages Of Forest Hills I," and "Jefferson Park Apts (Liberty)." The most recent project, "The Cottages At Bluebird Creek," was completed in 2018. The 1980s saw the highest number of affordable housing projects completed in this zip code.
The LIHTC funded housing in zip code 64068 offers a diverse range of unit types, including 5 efficiencies, 145 one-bedroom units, 46 two-bedroom units, and 3 three-bedroom units. This distribution suggests a focus on smaller households and potentially senior or single-resident accommodation. One notable project, "The Cottages At Bluebird Creek," specifically targets individuals with disabilities, addressing a crucial need within the community.
Over the past decade, zip code 64068 has experienced steady population growth, increasing from 36,220 in 2010 to 38,270 in 2022. Median income has also risen, from $78,448 in 2013 to $82,241 in 2022, indicating overall economic improvement. The racial composition has remained relatively stable, with a slight decrease in the white population (89% in 2013 to 85% in 2022) and small increases in other racial groups, suggesting a gradual increase in diversity.
Despite the area's overall economic growth, the continued development of LIHTC projects, including the 2018 completion of "The Cottages At Bluebird Creek," indicates an ongoing need for affordable housing options in this community.
Zip code 64068 in Liberty, Missouri demonstrates a consistent commitment to affordable housing through its LIHTC funded projects. While these projects cover a small percentage of the estimated housing inventory, they provide crucial low-income housing options in an area experiencing population growth and rising median incomes. The diverse unit types and targeted projects like "The Cottages At Bluebird Creek" show efforts to meet varied housing needs within the community. As the area continues to grow and diversify, monitoring and addressing affordable housing needs will remain important for maintaining a balanced and inclusive community.