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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Central Southwest, a neighborhood in Houston, Texas, has a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area has 762 total units in LIHTC funded projects, with 608 of these designated as low-income units. Based on the 2022 population of 76,243 and an estimated 29,212 housing units, the LIHTC funded affordable housing covers approximately 2.61% of the neighborhood's estimated housing inventory.
LIHTC funded affordable housing has been a part of Central Southwest for over two decades. The first project, Willow Glen, was completed in 1995, while the most recent known completion, Altura Heights, occurred in 2017. This span of 22 years demonstrates a sustained commitment to affordable housing in the neighborhood.
The 2000s saw significant affordable housing development in Central Southwest. Notable projects from this period include Palomino Place Apartments (2002), Penninsula Park Apartments (2004), and St James Village Apartments (2009). The neighborhood's LIHTC funded housing inventory includes a diverse mix of unit types. Of the known distribution, there are 96 one-bedroom units, 146 two-bedroom units, 29 three-bedroom units, and 4 four-bedroom units. This variety caters to different household sizes and needs within the community.
Over the past decade, Central Southwest has experienced some demographic shifts. The population grew from 69,966 in 2015 to 76,243 in 2022, an increase of about 9%. During this same period, the median income rose from $50,315 to $57,140, representing a 13.6% increase. The racial composition of the neighborhood has remained relatively stable, with Black and Hispanic residents consistently making up the majority of the population. In 2022, the neighborhood was approximately 43% Black, 49% Hispanic, 5% White, and 2% Asian.
The most recent LIHTC project, Altura Heights, was completed in 2017. This coincided with a period of population growth and increasing median income in the neighborhood, suggesting a continued need for affordable housing options despite overall economic improvements.
Central Southwest's LIHTC funded affordable housing inventory, while modest in relation to the overall housing stock, represents a long-term commitment to providing low-income housing options. The neighborhood has seen consistent development of affordable housing projects over more than two decades, with a mix of unit types to accommodate diverse household needs. While demographic trends show population growth and increasing median income, the continued development of LIHTC projects suggests an ongoing demand for affordable housing in this diverse Houston neighborhood.