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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Katie-John-Dabbs neighborhood in Hattiesburg, Mississippi, exhibits a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood contains 84 affordable units, all designated as low-income units, representing approximately 34.9% of the estimated 241 housing units in the area. This high percentage indicates that LIHTC funded affordable housing is crucial in addressing the community's housing needs.
The LIHTC program has made a substantial investment in this neighborhood, with project tax credits totaling $506,900. This equates to an average federal funding of about $6,035 per unit, demonstrating significant financial support for affordable housing creation in Katie-John-Dabbs.
A notable project in the neighborhood is the Francis Street Apartments, completed in 2015. This development comprises 84 units, including 36 two-bedroom and 48 three-bedroom apartments. The inclusion of larger units suggests a focus on accommodating families within the affordable housing inventory.
The Katie-John-Dabbs neighborhood has experienced demographic changes over the past decade. The population has declined from 1,009 residents in 2014 to 630 in 2022. Despite this decrease, the median income has remained relatively stable, ranging between approximately $16,900 and $26,400 during this period.
The racial composition of the neighborhood has remained predominantly African American, with a slight decrease in the Black population from 93% in 2020 to 83% in 2022. Concurrently, there has been a small increase in Hispanic representation and residents identifying as two or more races, indicating a gradual diversification of the community.
The completion of the Francis Street Apartments in 2015 coincides with a period of relative population stability in the neighborhood. This suggests that the LIHTC project may have contributed to maintaining housing options for residents during a time of demographic change.
The Katie-John-Dabbs neighborhood demonstrates a significant presence of LIHTC funded affordable housing, with 84 units covering approximately 34.9% of the estimated housing inventory. The Francis Street Apartments, completed in 2015, represent a substantial investment in family-oriented affordable housing, offering two and three-bedroom units. While the neighborhood has experienced a population decline over the past decade, the presence of LIHTC housing may have helped stabilize the community. The racial composition remains predominantly African American, with recent trends showing slight increases in diversity. This analysis highlights the role of LIHTC funded affordable housing in meeting the needs of this evolving community.