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Affordable Housing Analysis in Zip Code 17019: LIHTC Funded Projects and Demographic Trends
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The zip code 17019, located in Dillsburg, Pennsylvania, has a population of 19,819 as of 2022. This area has implemented the Low-Income Housing Tax Credit (LIHTC) program, which has funded 85 total units, including 40 designated low-income units. Based on an estimated housing inventory of 7,593 units, the LIHTC-funded affordable housing comprises approximately 1.12% of the zip code's housing stock.
The LIHTC program has invested $1,026,470 in tax credits for affordable housing projects in zip code 17019. This equates to an average federal funding of about $12,076 per unit. Notably, this zip code accounts for 0.17% of Pennsylvania's total LIHTC funding allocation.
The affordable housing presence in this area spans over a decade, with the earliest recorded project, Schartner House, completed in 2007, and the most recent, Westminster Pl @ Carroll Vllg, finished in 2011. The 2010s saw the most activity in affordable housing development in this zip code.
The LIHTC-funded projects in zip code 17019 offer a mix of unit types, with a total of 52 one-bedroom and 33 two-bedroom units. This distribution indicates a focus on housing for smaller households or individuals.
Over the past decade, zip code 17019 has experienced modest population growth, increasing from 19,002 in 2019 to 19,819 in 2022. Concurrently, the median income has fluctuated, moving from $85,973 in 2019 to $84,045 in 2022. The racial composition has remained relatively stable, with the white population consistently representing over 90% of residents, while there have been small increases in diversity, particularly in the Asian, Black, and Hispanic populations.
The development of LIHTC projects in the early 2010s aligns with a period of population growth and increasing median income, suggesting a proactive approach to maintaining affordable housing options as the area developed economically.
Zip code 17019 has a modest but significant LIHTC-funded affordable housing presence, accounting for just over 1% of its estimated housing inventory. The area has seen steady population growth and fluctuating median incomes over the past decade, with LIHTC projects providing essential affordable options in this evolving economic landscape. While the racial composition remains predominantly white, slight increases in diversity may influence future affordable housing needs and developments.
