Loading Content...
Affordable Housing Analysis in Zip Code 19567: Stouchsburg's LIHTC Project
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 19567, located in Stouchsburg, Pennsylvania, is a rural area with a population of 5,539 as of 2022. This zip code contains one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project, which provides 27 low-income units. The LIHTC-funded affordable housing comprises approximately 1.27% of the zip code's estimated housing inventory of 2,122 units.
The LIHTC project in zip code 19567 received $295,392 in tax credits, with an average of $10,940 per unit in federal funding. This allocation represents 0.05% of Pennsylvania's total LIHTC funding. The project, named Henner Apts, was completed in 2007, indicating over 15 years of affordable housing presence in the area. All 27 units in this project are one-bedroom apartments, designed for individuals or small households.
Over the past decade, the population of zip code 19567 has remained relatively stable, fluctuating between 5,300 and 5,500 residents. The median income has demonstrated an overall increasing trend, rising from $66,525 in 2013 to $72,334 in 2022, with a peak of $81,797 in 2021. This upward trend in income may explain the absence of additional LIHTC projects since 2007, as the area's economic situation has generally improved.
Racial demographics in zip code 19567 have remained predominantly white, with a slight increase in diversity over recent years. The white population decreased from 94% in 2020 to 85% in 2022, while the Hispanic population increased from 4% to 7% during the same period. This gradual shift in demographics could potentially influence future affordable housing needs.
Zip code 19567 in Stouchsburg, Pennsylvania, has a single LIHTC-funded affordable housing project providing 27 one-bedroom units. This project represents a small portion of the estimated housing stock but has been serving the community for over 15 years. The area has experienced stable population growth and increasing median income over the past decade, which may have reduced the immediate need for additional affordable housing projects. However, the recent slight increase in racial diversity could potentially impact future affordable housing requirements in the area.
