Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 18049 in Emmaus, Pennsylvania, contains 65 affordable housing units funded through the Low-Income Housing Tax Credit (LIHTC) program. All units are designated as low-income units. The estimated 7,141 housing units in this zip code, based on the 2022 population of 18,639 and using the national average household size, include approximately 0.91% LIHTC-funded affordable housing units.
The LIHTC projects in zip code 18049 have received $849,313 in tax credits, averaging $13,066 per unit. This funding represents 0.14% of Pennsylvania's total LIHTC allocation. Affordable housing has been present in this zip code for over three decades, with the first LIHTC project completed in 1989 and the most recent projects finished in 1996. The 1990s saw the most significant development of affordable housing in this area.
The LIHTC-funded housing in zip code 18049 primarily consists of one-bedroom units (54), with fewer two-bedroom (5) and three-bedroom (6) units. This distribution indicates a focus on accommodating smaller households or individuals.
The population in zip code 18049 has grown steadily over the past decade, increasing from 18,116 in 2015 to 18,639 in 2022. The median income has also risen significantly, from $68,296 in 2015 to $78,414 in 2022, indicating overall economic growth in the area.
Racial demographics in zip code 18049 have remained relatively stable, with a slight decrease in the white population from 91% in 2015 to 87% in 2022, and small increases in Hispanic (4% to 7%), Black (0% to 2%), and Asian (2% to 2%) populations. This gradual diversification might indicate a need for continued attention to affordable housing options to support a changing community composition.
Despite population growth and income increases, no new LIHTC projects have been developed in zip code 18049 in the last decade. This could be due to various factors, such as land availability, local zoning policies, or other affordable housing initiatives not captured in this data.
Zip code 18049 in Emmaus, Pennsylvania, has a small but established affordable housing inventory funded through the LIHTC program. With 65 low-income units developed primarily in the 1990s, these projects represent 0.91% of the estimated housing stock. The area has seen population growth and significant income increases over the past decade, without recent LIHTC development. The changing demographics, particularly the gradual diversification of the population, may suggest an ongoing need for affordable housing options. However, the full picture of affordable housing in zip code 18049 would require consideration of other housing programs and local initiatives beyond the LIHTC data presented here.