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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Bryan, Texas, a city near Texas A&M University with an agricultural background, has 449 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. Of these, 377 are designated as low-income units. The LIHTC-funded affordable housing represents approximately 1.33% of the city's estimated 33,637 housing units.
Bryan has five LIHTC-funded projects. The oldest project, Saddlewood Club, was completed in 1996, and the most recent, Highland Villas, in 2014. This indicates that affordable housing has been present in Bryan's community for at least 18 years. The 2010s saw the most affordable housing development activity, with two projects completed: Mid Towne Apts in 2010 and Highland Villas in 2014.
The LIHTC-funded projects in Bryan offer various unit types to accommodate different household sizes. The inventory includes 84 one-bedroom units, 164 two-bedroom units, and 78 three-bedroom units. This range of options addresses the needs of different family compositions within the low-income community.
Bryan's population has grown steadily over the past decade, increasing from 76,541 in 2010 to 87,793 in 2022, representing approximately 14.7% growth over 12 years. The median income has also shown an overall upward trend, rising from $38,522 in 2013 to $59,771 in 2022, indicating improved economic conditions for many residents.
The most recent racial distribution data from 2022 shows a diverse community with 44% Hispanic, 41% White, 11% Black, and smaller percentages of other racial groups. This diversity emphasizes the importance of providing affordable housing options that cater to a wide range of cultural backgrounds and needs.
The steady population growth and increasing median income suggest that Bryan has been experiencing economic development. However, the continued need for affordable housing is evident, as the city's LIHTC projects have been consistently developed over the years to address the housing needs of low-income residents.
Bryan's LIHTC-funded affordable housing inventory plays a crucial role in providing housing options for low-income residents. With 449 total units and 377 low-income units across five projects, these developments contribute to the city's efforts to maintain a diverse and inclusive community. The consistent development of LIHTC projects over nearly two decades demonstrates a long-term commitment to affordable housing. As Bryan continues to grow and evolve, monitoring the balance between economic development and affordable housing needs will be essential to ensure that all residents have access to suitable housing options.