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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Linwood Homeowner - Ivanhoe neighborhood in Kansas City, Missouri, contains a significant amount of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood has 87 LIHTC affordable units, all designated as low-income. These units represent approximately 14.4% of the estimated 604 housing units in the neighborhood, based on the 2022 population of 1,576 and the national average household size of 2.61. This proportion is close to the 15-20% affordable housing stock typically recommended for a balanced community.
LIHTC funded affordable housing development in the neighborhood occurred between 1988 and 1995. The initial project was completed in 1988 at 3339 Highland Ave. The largest and most recent project, St Regis Apts, was finished in 1995, contributing 85 units to the affordable housing inventory. This seven-year period indicates a sustained commitment to affordable housing development in the area.
The 1990s marked the most substantial affordable housing development in the neighborhood, with the completion of St Regis Apts in 1995. This project accounts for nearly 98% of the LIHTC funded affordable units in the area. The housing mix in LIHTC projects includes 52 efficiencies, 32 one-bedroom units, 1 two-bedroom unit, and 2 three-bedroom units. This distribution suggests a focus on accommodating smaller households and individuals.
The neighborhood has experienced demographic changes over the past decade that may relate to its affordable housing landscape. The population has fluctuated, reaching a low of 1,512 in 2015 and a high of 1,732 in 2020, before settling at 1,576 in 2022. The median income has increased significantly, rising from $15,264 in 2013 to $39,038 in 2022, potentially indicating changing economic conditions in the area.
Racial demographics have also shifted. The Black population decreased from 73% in 2013 to 61% in 2022, while the White population increased from 12% to 18% during the same period. The Hispanic population has remained relatively stable, fluctuating between 3% and 14% over the decade.
These demographic changes, particularly the rising median income, may suggest a reduced need for additional LIHTC funded affordable housing in recent years. However, the existing affordable units continue to play an important role in maintaining housing diversity and accessibility in the neighborhood.
The Linwood Homeowner - Ivanhoe neighborhood in Kansas City, Missouri, has a significant LIHTC funded affordable housing presence, with 87 units accounting for approximately 14.4% of the estimated housing inventory. The development of these units occurred primarily in the late 1980s and early 1990s, with the St Regis Apts project being the most substantial contribution. The neighborhood has experienced demographic shifts over the past decade, including population fluctuations, a notable increase in median income, and changes in racial composition. These factors, combined with the existing affordable housing stock, contribute to the complex housing landscape of this urban community.