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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Brownsville, Tennessee, maintains a substantial Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city possesses 214 total affordable housing units, of which 213 are designated as low-income units. This LIHTC-funded affordable housing represents approximately 5.2% of the city's estimated 4,080 housing units.
Brownsville has received $1,411,023 in project tax credits through the LIHTC program. With approximately 19 projects, this averages to $74,264 per project. The average federal funding per unit is $6,593, calculated by dividing the total credits by the 214 total units. Brownsville's LIHTC funding constitutes 0.31% of Tennessee's total.
The city's involvement with LIHTC-funded affordable housing spans from 1987 to 2019. The initial projects, Ingram IV and S Washington Duplex, were completed in 1987, while the most recent, Haywood Manor Apartments, was finished in 2019. The 1990s experienced the highest affordable housing activity, with 9 projects completed during this decade.
Brownsville's LIHTC-funded housing stock comprises various unit types: 36 efficiencies, 87 one-bedroom units, 72 two-bedroom units, and 19 three-bedroom units. This distribution indicates a focus on smaller households and families.
Brownsville's population has declined from 11,755 in 2014 to 10,649 in 2022. Despite this decrease, the median income has increased from $31,492 in 2014 to $39,586 in 2022, suggesting economic growth. The racial composition has changed, with the Black population increasing from 59% to 64%, while the White population decreased from 36% to 29%. The Hispanic population has remained relatively stable at approximately 4-5%.
The most recent LIHTC project in 2019 coincides with a period of population decline and increasing median income, indicating a continued need for affordable housing despite overall economic improvements.
Brownsville's LIHTC-funded affordable housing represents a small but significant portion of its housing inventory. The city has consistently developed affordable housing projects over three decades, with a particular focus in the 1990s. While the population has decreased in recent years, rising median incomes and shifts in racial demographics indicate ongoing changes in the city's socioeconomic landscape. The continued development of LIHTC projects, even in recent years, suggests a persistent need for affordable housing options in Brownsville.