Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
CCSI (South Inglewood), a neighborhood in Nashville-Davidson metropolitan government, Tennessee, contains 164 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. These units represent approximately 8.62% of the estimated 1,903 housing units in the neighborhood, based on the 2022 population of 4,967 and the national average household size of 2.61.
The LIHTC program has invested $295,199 in project tax credits for affordable housing in CCSI (South Inglewood). This investment equates to an average federal funding of $1,800 per unit. Two LIHTC funded projects, Litton Apts and Cahal Duplex, were completed in 1989, indicating a three-decade presence of affordable housing in the neighborhood.
The 1980s marked the peak of affordable housing project completion in CCSI (South Inglewood). Litton Apts provides 162 units, while Cahal Duplex offers 2 units. The unit distribution favors two-bedroom units, with 114 available, followed by 49 one-bedroom units and 1 three-bedroom unit.
CCSI (South Inglewood) has experienced significant demographic changes over the past decade. The population has fluctuated between 3,917 in 2019 and 4,967 in 2022. Median income has increased substantially from $36,736 in 2013 to $75,377 in 2022. This income growth may explain the absence of new LIHTC projects in recent years.
The neighborhood's racial composition has also shifted notably. The proportion of Black residents decreased from 65% in 2013 to 30% in 2022, while the White population increased from 28% to 59% during the same period. This demographic shift, combined with rising median income, suggests a pattern of gentrification in the neighborhood.
CCSI (South Inglewood) possesses a modest LIHTC funded affordable housing inventory established in the late 1980s. These units contribute to meeting some of the neighborhood's affordable housing needs, representing less than 10% of the estimated housing stock. The neighborhood has undergone significant demographic changes in the past decade, characterized by population fluctuations, substantial income growth, and shifts in racial composition. These changes may have influenced the lack of new LIHTC developments in recent years. Future monitoring of these demographic trends will be important to assess their impact on affordable housing needs and availability in the neighborhood.