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Affordable Housing in Alameda's East End: LIHTC-Funded Project Targets Special Needs Population
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The East End neighborhood of Alameda, California, features a LIHTC-funded affordable housing project that contributes to the area's housing inventory. This neighborhood has 62 affordable housing units, with 61 designated as low-income units. Based on the 2022 population of 7,344 and using the national average household size, the estimated housing units in the neighborhood are approximately 2,814. The LIHTC-funded affordable housing represents about 2.2% of the estimated housing inventory in the East End.
The LIHTC program has invested $621,000 in tax credits for affordable housing in this neighborhood. With 62 total units, this equates to an average federal funding of approximately $10,016 per unit. The sole LIHTC-funded project in the East End is the Alameda Islander, completed in 2012. This project has provided affordable housing options in the neighborhood for over a decade.
The Alameda Islander project consists of 61 efficiency units and 1 two-bedroom unit. This composition indicates a focus on accommodating single individuals or small households. The Alameda Islander targets a special needs population, suggesting it may provide specialized services or accommodations for residents with particular requirements.
Over the past decade, the East End has experienced demographic shifts. The population has grown from 6,965 in 2013 to 7,344 in 2022, indicating an increase in housing demand. Median income has fluctuated, reaching $120,256 in 2021 before decreasing to $98,104 in 2022. This recent decline in median income may suggest an increased need for affordable housing options.
Racial demographics have remained relatively stable, with the white population consistently representing the majority (around 50-54% over the past decade). The Asian population has decreased from 26% in 2013 to 18% in 2022, while the Hispanic population has remained steady at around 11-12%. The Black population has increased slightly from 4% to 5-7% over this period. These demographic shifts, particularly the recent income changes, may influence future affordable housing needs in the neighborhood.
The East End neighborhood of Alameda has a single LIHTC-funded affordable housing project, the Alameda Islander, which provides 62 units primarily composed of efficiency apartments. This project, targeting special needs populations, has been a part of the community since 2012. While the LIHTC-funded units represent a small percentage of the estimated housing inventory, they play a role in providing affordable options, particularly for individuals with special needs. The neighborhood's demographic trends, including population growth and recent income fluctuations, suggest that the demand for affordable housing may continue to evolve in the coming years.
