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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Fort Indiantown Gap, located in Pennsylvania's zip code 17003, contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area has 22 low-income units, all of which are part of LIHTC funded projects. Based on the estimated housing inventory of 5,308 units for the zip code, the LIHTC funded affordable housing comprises approximately 0.41% of the total housing stock.
The LIHTC program has invested $145,317 in tax credits for affordable housing projects in this zip code. This equates to an average federal funding of $6,605 per unit. This zip code accounts for 0.02% of the total LIHTC funding allocated to Pennsylvania.
The affordable housing landscape in this zip code is characterized by a single project, Annville Elderly Housing, completed in 1999. This project has been providing affordable housing options for over two decades. All 22 units in this project are one-bedroom apartments, indicating a focus on accommodating single residents or small households.
Over the past decade, the population in this zip code has remained relatively stable, with a slight increase from 13,142 in 2014 to 13,853 in 2022. The median income has shown an overall upward trend, rising from $65,455 in 2014 to $67,317 in 2022, with some fluctuations in between.
Racial demographics have experienced subtle shifts. The white population has decreased slightly from 94% in 2014 to 86% in 2022, while the Hispanic population has grown from 2% to 8% during the same period. Other racial groups have maintained relatively stable percentages.
Despite these demographic changes, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including the relatively high median income and the existing affordable housing stock meeting current needs.
Fort Indiantown Gap's zip code 17003 has a modest LIHTC funded affordable housing inventory, consisting of 22 one-bedroom units in a single project completed in 1999. While this represents a small percentage of the estimated total housing stock, it has been a consistent presence for over two decades. The area has experienced slight demographic shifts, including a rise in median income and increased Hispanic population, but these changes have not led to additional LIHTC developments in recent years. The existing project continues to provide targeted affordable housing options, particularly for elderly residents in the community.