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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 14428, located in Churchville, New York, contains 81 Low Income Housing Tax Credit (LIHTC) funded affordable housing units. This zip code encompasses 47.56 square miles and had a population of 10,046 in 2022. Based on the national average household size of 2.61, the estimated number of housing units in the area is 3,849. LIHTC funded affordable housing comprises approximately 2.1% of the estimated housing inventory in this zip code.
The LIHTC projects in zip code 14428 have received $239,027 in tax credits, averaging $2,951 per unit. This funding represents 0.01% of the total state LIHTC allocation. Affordable housing has been present in this zip code since at least 1998, with the completion of Union Meadows. The most recent project, Ehr-Dale Heights, was completed in 2007. The 2000s saw the most activity in affordable housing construction.
The affordable housing inventory in zip code 14428 consists of 45 one-bedroom units, 28 two-bedroom units, and 8 three-bedroom units. This distribution indicates a focus on smaller households and families. Neither of the two projects in this zip code had a specific target population mentioned.
Over the past decade, the population in zip code 14428 has remained relatively stable, fluctuating between approximately 9,600 and 10,000 residents. The median income has shown an upward trend, increasing from $66,803 in 2013 to $79,514 in 2022. This rise in median income may indicate a decreasing need for affordable housing in recent years.
The racial composition of zip code 14428 has remained predominantly white, consistently around 90% of the population. There have been slight increases in the Hispanic and Black populations, rising from 2% to 3% each over the past decade. This relative stability in demographics suggests that the existing LIHTC projects continue to serve a consistent community profile.
Zip code 14428 in Churchville, New York, has a modest LIHTC funded affordable housing inventory, covering about 2.1% of the estimated housing stock. The area has seen two LIHTC projects completed between 1998 and 2007, providing 81 low-income units. While the zip code represents a small portion of New York's overall LIHTC allocation, it has maintained a stable population and seen increasing median incomes over the past decade. The racial composition has remained largely unchanged, with a slight increase in diversity. These demographic trends, coupled with the absence of new LIHTC projects in recent years, may indicate a relatively stable affordable housing situation in this zip code.