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Affordable Housing in Auburn, Kansas: LIHTC-Funded Units 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
Auburn, Kansas, a city with a population of 3,504 as of 2022, possesses a limited Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city's LIHTC inventory comprises 60 total units, of which 38 are designated as low-income units. This inventory represents approximately 4.5% of the city's estimated 1,343 housing units.
Auburn has received $434,968 in project tax credits through the LIHTC program. With two projects, this equates to an average federal funding of $217,484 per project and $7,249 per unit. The city's share of the total state LIHTC funding is 0.3%, indicating a small portion of Kansas's affordable housing resources.
The LIHTC funded affordable housing in Auburn spans from 2000 to 2005. Auburn Meadows, completed in 2000, and Auburn Plains Apartments, finished in 2005, represent the city's affordable housing development during this period. The inventory consists of 24 one-bedroom units, 24 two-bedroom units, and 12 three-bedroom units, accommodating various household sizes.
Auburn's population has remained relatively stable over the past decade, fluctuating between 3,400 and 3,550 residents. The median income has shown variability, peaking at $94,511 in 2019 before declining to $75,555 in 2022. This recent decrease in median income may indicate a growing need for affordable housing options.
The racial composition of Auburn has experienced changes in recent years. While the city remains predominantly white, the Hispanic population has increased notably, rising from 2% in 2019 to 13% in 2022. This demographic shift may influence future affordable housing needs and considerations.
Auburn's LIHTC funded affordable housing inventory provides 60 units to the community, with 38 specifically designated for low-income residents. The city received nearly $435,000 in tax credits for these projects, completed in the early 2000s. Despite recent fluctuations in median income and an increasing Hispanic population, no new LIHTC projects have been developed in the past decade. This analysis provides insights into Auburn's affordable housing landscape and may inform future housing policy discussions.
