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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Brighton Heights, a neighborhood in Pittsburgh, Pennsylvania, has a presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory consists of 18 affordable units, all designated as low-income units. Based on the 2022 population of 9,232 and using the national average household size, the estimated housing inventory for Brighton Heights is approximately 3,537 units. The LIHTC funded affordable housing covers about 0.51% of the estimated housing inventory in the neighborhood.
The LIHTC program has invested $122,894 in tax credits for affordable housing projects in Brighton Heights. This translates to an average federal funding of approximately $6,827 per unit. The neighborhood's affordable housing inventory is represented by a single project, St Georges Close, which was completed in 2002. This project marks the beginning of LIHTC-funded affordable housing in Brighton Heights and has been present in the community for about two decades.
St Georges Close consists entirely of one-bedroom units, totaling 18 apartments. This composition suggests a focus on housing for individuals or small households. The project does not have a specified target population, indicating it may serve a diverse range of low-income residents.
Over the past decade, Brighton Heights has experienced some demographic shifts. The population has decreased from 10,574 in 2013 to 9,232 in 2022. Despite this population decline, the median income has shown an upward trend, rising from $51,266 in 2013 to $62,761 in 2022. This increase in median income suggests a changing economic landscape in the neighborhood.
Racial demographics have also evolved. The white population has decreased from 76% in 2013 to 70% in 2022, while the Black population has increased from 20% to 24% during the same period. The Hispanic and Asian populations have remained relatively stable, each representing about 1-2% of the neighborhood's population.
The lack of new LIHTC projects in the last decade could be related to the rising median income, which might have reduced the perceived need for additional affordable housing. However, other affordable housing programs not captured in this data might also be addressing the community's needs.
Brighton Heights has a modest LIHTC-funded affordable housing presence, with 18 units in one project completed in 2002. This represents a small portion of the estimated housing inventory. The neighborhood has experienced population decline and income growth over the past decade, along with shifts in racial demographics. While no new LIHTC projects have been developed recently, the existing affordable housing continues to play a role in the community's housing landscape. Further research into other affordable housing programs and local housing policies would provide a more comprehensive understanding of Brighton Heights' affordable housing situation.