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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West Covina, California, zip code 91791 has a population of 33,567 as of 2022 and covers an area of 6.72 square miles. The Low-Income Housing Tax Credit (LIHTC) program has funded 188 total units in this zip code, with 186 of these designated as low-income units. Based on the estimated housing inventory of 12,861 units, LIHTC-funded affordable housing covers approximately 1.46% of the zip code's housing stock.
The LIHTC program has invested $550,263 in tax credits for affordable housing projects in this zip code, averaging about $2,927 per unit. This represents 0.02% of California's total LIHTC funding allocation.
The sole LIHTC project in this zip code, Vintage Gardens Senior Apts, was completed in 2000, marking over two decades of affordable housing presence in the area. This development consists of 112 one-bedroom units and 76 two-bedroom units, catering primarily to smaller households.
Over the past decade, the population in zip code 91791 has shown slight fluctuations, with an overall increase from 30,957 in 2013 to 33,567 in 2022. The median income has grown significantly from $82,051 in 2013 to $92,649 in 2022, indicating improved economic conditions for residents.
Racial demographics have shifted somewhat during this period. The Asian population has increased from 21% to 30%, while the Hispanic population has remained relatively stable around 51-52%. The white population has decreased from 20% to 13%, and the Black population has remained consistent at 3-4%.
Despite these demographic changes and the rise in median income, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including land availability, local zoning policies, or shifting priorities in affordable housing development.
Zip code 91791 in West Covina, California, has a single LIHTC-funded affordable housing project that has been serving the community for over two decades. While this project provides 186 low-income units, it represents a small fraction of the estimated housing inventory. The area has experienced population growth, significant increases in median income, and shifts in racial demographics over the past decade. However, these changes have not been accompanied by new LIHTC developments, suggesting that other factors may be influencing affordable housing development in this zip code.