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Affordable Housing Development in Livingston Park North: LIHTC Impact and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Livingston Park North, a neighborhood in Columbus, Ohio, has 22 affordable housing units funded by the Low-Income Housing Tax Credit (LIHTC) program. These units constitute approximately 3.3% of the estimated 667 housing units in the neighborhood, based on the 2022 population of 1,740 residents. The LIHTC program has provided $4,516 in tax credits for affordable housing projects in Livingston Park North, averaging $205 in federal funding per unit.
Affordable housing development in Livingston Park North began in 1987 with the completion of the Vick Apts project. The most recent LIHTC-funded development, 565 Gilbert St, was completed in 1993. This six-year span marked a period of active affordable housing development in the neighborhood. The 1990s saw the highest number of affordable housing projects completed, including Park Place (1991) and 565 Gilbert St (1993).
Demographic trends in Livingston Park North over the past decade reveal fluctuations in population, with a peak of 2,004 residents in 2017 and a low of 1,669 in 2020. The current population stands at 1,740 as of 2022. Median income in the neighborhood has increased from $36,888 in 2013 to $50,166 in 2022, representing a 36% increase over the decade.
Racial demographics in Livingston Park North have changed significantly from 2013 to 2022. The Black population decreased from 56% to 41%, while the White population increased from 38% to 48%. The Hispanic population remained relatively stable at around 2%, and the percentage of residents identifying as two or more races increased from 4% to 8%.
The affordable housing landscape in Livingston Park North is characterized by LIHTC-funded units that make up a small portion of the estimated housing inventory. The neighborhood experienced significant affordable housing development in the late 1980s and early 1990s. While the LIHTC program has provided funding for these projects, the average federal funding per unit is relatively low at $205.
Over the past decade, Livingston Park North has undergone population fluctuations, an increase in median income, and shifts in racial demographics. These factors may influence the ongoing need for and development of affordable housing in the neighborhood. The interplay between demographic changes and the existing affordable housing stock warrants continued attention to ensure that housing needs are adequately addressed in Livingston Park North.
