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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The North End neighborhood in Dubuque, Iowa, has a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood currently has 49 total units in LIHTC-funded projects, with 28 of these designated as low-income units. Based on the 2022 population of 7,342 and an estimated 2,813 housing units, the LIHTC-funded affordable housing represents approximately 1.74% of the neighborhood's estimated housing inventory.
The LIHTC program has invested significantly in the North End, with project tax credits totaling $383,635. This translates to an average federal funding of about $7,829 per unit in LIHTC-funded projects. The neighborhood has seen a long-term commitment to affordable housing, with the earliest LIHTC project, "2605 & 2605 1/2 White St," completed in 1988, and the most recent, "Marquette Hall," finished in 2019. This 31-year span demonstrates ongoing efforts to provide affordable housing options in the area.
The 2010s saw the most significant LIHTC development activity, with the completion of Marquette Hall in 2019. This project alone added 28 units to the neighborhood's affordable housing inventory, including 25 low-income units. It also features a mix of unit types, with 2 one-bedroom and 8 two-bedroom units, contributing to housing diversity in the area.
Over the past decade, the North End has experienced some demographic shifts. The population has remained relatively stable, with a slight increase from 7,006 in 2010 to 7,342 in 2022. Median income has shown notable growth, rising from $54,934 in 2013 to $66,050 in 2022, indicating improving economic conditions for residents.
Racial diversity in the neighborhood has increased slightly. While the white population remains predominant, there has been a small but noticeable increase in other racial groups. For instance, the Black population increased from 1% in 2013 to 5% in 2022, and the Hispanic population doubled from 1% to 2% during the same period.
The completion of Marquette Hall in 2019 coincides with these demographic changes, suggesting a response to evolving housing needs in the neighborhood. The increase in median income and slight diversification of the population may have influenced the decision to develop new affordable housing options to maintain a balanced community.
The North End neighborhood in Dubuque has maintained a consistent commitment to affordable housing through the LIHTC program over three decades. While LIHTC-funded units represent a small portion of the estimated housing inventory, they play a crucial role in providing affordable options. The most significant development occurred recently with Marquette Hall, adding a substantial number of units and diverse housing types. This coincides with demographic shifts, including rising median incomes and increasing racial diversity, indicating an evolving neighborhood landscape. The ongoing investment in affordable housing through LIHTC demonstrates a sustained effort to meet the changing needs of the North End's residents.