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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Camp Hill, located in Pennsylvania's zip code 17011, is a suburban community with a population of 38,813 as of 2022. This zip code has a presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing, with 22 units, of which 21 are designated as low-income units. Based on the estimated housing inventory of 14,871 units, the LIHTC funded affordable housing covers 0.15% of the zip code's housing stock.
The LIHTC projects in zip code 17011 have received $870,201 in tax credits, averaging $39,554 per unit. This funding represents 0.15% of Pennsylvania's total LIHTC allocation, indicating a modest investment in affordable housing for this area.
Affordable housing has been present in zip code 17011 for over three decades, with the first project, Susquehanna View Apts, completed in 1989, and the most recent, Crossroads (The), finished in 2013. The 2010s saw the most recent development of affordable housing in this area.
The LIHTC funded housing inventory in zip code 17011 consists of two-bedroom units (15), three-bedroom units (5), and one-bedroom units (2). This distribution suggests a focus on accommodating small to medium-sized families.
Over the past decade, zip code 17011 has experienced population growth, increasing from 35,235 in 2013 to 38,813 in 2022. The median income has risen from $72,892 in 2013 to $86,059 in 2022, indicating economic improvement in the area.
The racial composition of zip code 17011 has remained relatively stable, with a decrease in the white population from 83% in 2013 to 75% in 2022. There has been a modest increase in diversity, with small growth in Asian, Hispanic, and multiracial populations.
The completion of the Crossroads project in 2013 aligns with the beginning of this demographic trend, possibly responding to the growing population and increasing diversity in the area. The lack of new LIHTC projects since 2013 might be attributed to the rising median income, which could indicate a reduced need for additional affordable housing units.
Zip code 17011 has a small but established LIHTC funded affordable housing presence, with projects dating back to 1989. While the affordable housing stock represents a small fraction of the total estimated housing units, it has played a role in the area's housing landscape for over three decades. The demographic trends over the past decade show population growth and income increase, which may influence future affordable housing needs in this zip code. The existing LIHTC projects provide a mix of unit sizes that can accommodate various household compositions in the community.