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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 15642 in Manor, Pennsylvania, has a specific Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This area contains 11 affordable units, all of which are classified as low-income units. These units represent approximately 0.06% of the total housing stock, based on an estimated housing inventory of 17,397 units for the zip code's 2022 population.
The LIHTC program has allocated $108,383 in tax credits for affordable housing projects in zip code 15642. This equates to an average federal funding of $9,853 per unit. Notably, this zip code accounts for 0.02% of the total LIHTC funding allocated to Pennsylvania. The sole LIHTC funded project in this zip code is Shaner Heights Townhouses, completed in 1999. This project marks the inception of LIHTC-supported affordable housing in the area, which has been present for over two decades.
In terms of unit distribution, the project includes one three-bedroom unit and one four-bedroom unit. The presence of larger units indicates an effort to accommodate families within the affordable housing inventory.
Over the past decade, zip code 15642 has experienced slight fluctuations in population, with a notable increase from 43,389 in 2020 to 45,405 in 2022. The median income has shown an overall upward trend, rising from $73,956 in 2013 to $80,920 in 2022, with a peak of $86,544 in 2021.
Racial distribution in the area has remained relatively stable, with a slight decrease in the white population from 97% in 2013 to 93% in 2022. There has been a small increase in diversity, with slight growth in Asian, Black, Hispanic, and multiracial populations. The absence of new LIHTC projects in the last decade could be attributed to the rising median income and relatively stable population, potentially indicating a reduced need for additional low-income housing units.
Zip code 15642 in Manor, Pennsylvania, has a modest LIHTC funded affordable housing inventory, with 11 units in one project completed in 1999. While this represents a small percentage of the estimated total housing stock, it has provided consistent affordable housing options for over two decades. The area has seen gradual increases in median income and slight diversification of its population in recent years, which may influence future affordable housing needs and development in the zip code.