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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 19015 in Brookhaven, Pennsylvania, contains Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area has 128 affordable units, all designated as low-income. Based on the 2022 population of 15,208 and an estimated 5,827 housing units, LIHTC funded affordable housing comprises approximately 2.2% of the estimated housing inventory.
The LIHTC program has invested $1,536,414 in project tax credits in this zip code, averaging about $12,003 per unit. This zip code accounts for 0.26% of the total LIHTC funding allocated to Pennsylvania. Affordable housing has been present since at least 2004, with the completion of the Upland Terrace Apartments. The most recent project, Pusey Estates Apartments, was completed in 2005, indicating a concentrated period of affordable housing development in the mid-2000s.
The affordable housing inventory in zip code 19015 includes 26 one-bedroom units, 38 two-bedroom units, 43 three-bedroom units, and 21 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes within the affordable housing projects.
Over the past decade, the population in zip code 19015 has remained relatively stable, fluctuating between 15,200 and 15,600 residents. The median income has increased from $60,364 in 2013 to $70,204 in 2022, potentially indicating a changing economic landscape in the area.
Racial demographics in zip code 19015 have experienced some shifts. The white population has decreased from 70% in 2013 to 67% in 2022, while the Black population has increased from 22% to 23%. The Hispanic population has remained relatively stable at 3-4%. There has been a notable increase in residents identifying as two or more races, growing from 1% in 2013 to 5% in 2022.
Zip code 19015 in Brookhaven demonstrates a modest but significant presence of LIHTC funded affordable housing, covering about 2.2% of the estimated housing inventory. The area received substantial federal funding for these projects, with an average of $12,003 per unit. The affordable housing stock provides a range of unit sizes, catering to diverse household needs. While there has not been new LIHTC development in recent years, the area has experienced gradual demographic shifts, including rising median incomes and increasing racial diversity. These trends may influence future affordable housing needs and development in the zip code.