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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 66086, located in Tonganoxie, Kansas, contains 24 low-income units funded by the Low-Income Housing Tax Credit (LIHTC) program. These units are part of a single LIHTC-funded project in the area. Based on the 2022 population of 11,204 and the estimated 4,293 housing units in the zip code, the LIHTC-funded affordable housing comprises approximately 0.56% of the estimated housing inventory.
The LIHTC project in this zip code received $212,320 in tax credits, equating to an average federal funding of $8,847 per unit. This funding represents 0.15% of the total LIHTC funding allocated to the state of Kansas.
The sole LIHTC project in zip code 66086, Tonganoxie Sundance Apts, was completed in 2005. This development has been providing affordable housing options in the area for nearly two decades. All 24 units in this project are two-bedroom apartments, catering to small families or individuals requiring additional space.
Over the past decade, zip code 66086 has experienced steady population growth, increasing from 10,173 in 2013 to 11,204 in 2022. This represents a population growth of about 10.1% during this period. Concurrently, the median income has shown a significant upward trend, rising from $76,377 in 2013 to $88,822 in 2022, an increase of approximately 16.3%.
The racial composition of zip code 66086 has remained predominantly white, though there has been a slight decrease in the white population percentage from 93% in 2013 to 83% in 2022. During this period, there has been a modest increase in diversity, with the Hispanic population growing from 2% to 8%, and the population identifying as two or more races increasing from 1% to 6%.
Despite the population growth and rising median income, no new LIHTC projects have been developed in zip code 66086 in the last decade. This could potentially be attributed to the area's relatively high median income, which might reduce the perceived need for additional low-income housing units.
Zip code 66086 has a single LIHTC-funded affordable housing project, Tonganoxie Sundance Apts, providing 24 two-bedroom units. This project, completed in 2005, represents a small fraction (0.56%) of the estimated housing inventory in the area. The zip code has experienced steady population growth and a significant increase in median income over the past decade. While racial diversity has slightly increased, the area remains predominantly white. The lack of new LIHTC projects in recent years, despite population growth, may be influenced by the area's rising median income levels.