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Affordable Housing in Bridger: A Decade of LIHTC Development 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
The Bridger neighborhood in Independence, Missouri, has a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 124 units in LIHTC-funded projects, including 43 designated low-income units. Based on the 2022 population of 4,195 and an estimated 1,607 housing units, LIHTC-funded units comprise approximately 7.7% of the neighborhood's estimated housing inventory.
The LIHTC program has invested $429,948 in tax credits for affordable housing projects in Bridger. This equates to an average federal funding of approximately $3,467 per unit across all LIHTC-funded projects in the neighborhood. Affordable housing has been present in Bridger since 1999, with the completion of Brookstone Village. The most recent project, Regency Manor II, was completed in 2006, indicating a seven-year span of LIHTC-funded development in the area.
The neighborhood's LIHTC-funded housing stock offers a variety of unit sizes. It includes 58 one-bedroom units, 54 two-bedroom units, and 12 three-bedroom units, accommodating various household sizes and needs.
Bridger's population has fluctuated over the past decade, reaching a peak of 4,900 in 2015 and declining to 4,195 in 2022. The median income has shown volatility, ranging from a low of $38,026 in 2021 to a high of $51,517 in 2022. This economic instability may indicate an ongoing need for affordable housing options.
Racial demographics in Bridger have shifted slightly. The white population remains the majority but decreased from 78% in 2020 to 75% in 2022. The Black population increased from 2% to 16% during the same period, while the Hispanic population decreased from 14% to 5%. These changes in racial composition may influence future affordable housing needs and strategies.
The Bridger neighborhood has a moderate LIHTC-funded affordable housing presence, with 124 total units representing about 7.7% of the estimated housing inventory. The area experienced LIHTC development activity primarily in the early 2000s, with no new projects recorded since 2006. The neighborhood's changing demographics and fluctuating median income suggest an ongoing need for affordable housing options. While the current LIHTC inventory provides a foundation, continued monitoring of population trends and economic factors will be crucial in addressing future affordable housing needs in Bridger.
