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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Dunlap neighborhood in Philadelphia, Pennsylvania, features a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The LIHTC inventory in Dunlap comprises 89 total units, with 44 designated as low-income units. Based on the 2022 population of 2,892 and using the national average household size, the estimated number of housing units in Dunlap is approximately 1,108. The LIHTC funded affordable housing represents about 8% of the estimated housing inventory in the neighborhood.
The LIHTC program has invested $1,380,004 in tax credits for affordable housing projects in Dunlap. This equates to an average federal funding of approximately $15,506 per unit. LIHTC projects in the neighborhood span from 1990 to 2014, indicating a 24-year commitment to affordable housing development.
The 1990s saw the completion of two LIHTC projects: "23 N 50Th St" and "Dunlap Apts." The most recent project, "60Th Street Corridor," was completed in 2014, marking the decade with the most affordable housing development activity. Dunlap's LIHTC inventory includes a diverse mix of unit types, consisting of 17 one-bedroom units, 38 two-bedroom units, 1 three-bedroom unit, and 6 four-bedroom units. This variety addresses different household sizes and needs within the low-income population.
Dunlap has experienced significant demographic changes over the past decade. The population increased from 2,089 in 2013 to 2,892 in 2022, representing a 38% growth. Simultaneously, the median income rose substantially from $16,604 in 2013 to $30,049 in 2022, nearly doubling during this period.
The racial composition of Dunlap has also evolved. While the neighborhood remains predominantly Black, the percentage decreased from 98% in 2013 to 82% in 2022. During this time, there was an increase in Asian (from 0% to 6%), Hispanic (from 0% to 4%), and White (from 1% to 8%) populations, indicating growing diversity. The completion of the "60Th Street Corridor" project in 2014 coincides with the beginning of these demographic shifts, potentially contributing to or responding to the changing neighborhood dynamics.
Dunlap's LIHTC funded affordable housing inventory represents a significant portion of the neighborhood's estimated housing stock. The long-term presence of LIHTC projects, spanning from 1990 to 2014, demonstrates an ongoing commitment to affordable housing in the area. The neighborhood has experienced substantial demographic changes over the past decade, including population growth, income increases, and growing racial diversity. These changes coincide with the most recent LIHTC project completion, suggesting a potential relationship between affordable housing development and neighborhood dynamics. The diverse mix of unit types in the LIHTC inventory indicates an effort to meet varied housing needs within the low-income population of Dunlap.