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Affordable Housing Analysis in Spring Hill, Kansas Zip Code 66083: LIHTC Program Impact Since 1988
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Spring Hill, located in zip code 66083 in Kansas, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory consisting of 114 total units, with 109 designated as low-income units. Based on the 2022 population of 11,863 and an estimated 4,545 housing units in the zip code, the LIHTC funded affordable housing covers approximately 2.5% of the estimated housing inventory.
The LIHTC projects in zip code 66083 have received $371,777 in project tax credits, averaging about $3,261 per unit. This zip code holds 0.26% of the total state LIHTC funding. Affordable housing has been present in the area for over three decades, with the first projects, 801 N Jackson St and 809 N Jackson St, completed in 1988, and the most recent projects, Spring Hill Elderly Apts and Spring Hill Villas, finished in 2002.
The 1990s saw the most affordable housing development, with projects like Spring Hill Senior Housing (1990) and Spring Hill Housing II (1992) being completed. The inventory includes a mix of unit types, with 24 efficiencies, 37 one-bedroom units, 45 two-bedroom units, and 8 three-bedroom units.
Over the past decade, zip code 66083 has experienced significant population growth, increasing from 9,323 in 2015 to 11,863 in 2022. The median income has also risen, from $89,602 in 2015 to $90,181 in 2022, with a peak of $103,285 in 2021. The racial composition has remained relatively stable, with a slight increase in diversity. The white population decreased from 92% in 2015 to 92% in 2022, while the Hispanic population increased from 3% to 4% during the same period.
Despite this growth and relative prosperity, no new LIHTC projects have been built in zip code 66083 in the last decade. This could be due to the area's high median income, which may reduce the perceived need for additional affordable housing units.
Zip code 66083 in Spring Hill, Kansas, has a modest LIHTC funded affordable housing inventory, covering about 2.5% of the estimated housing units. The area has seen consistent population growth and increasing median incomes over the past decade, which may have influenced the lack of new LIHTC projects since 2002. While the existing affordable housing stock provides a mix of unit types, the changing demographics and economic conditions of the area may warrant a reassessment of affordable housing needs in the future.
