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Affordable Housing in Church Hill, Tennessee: LIHTC's Modest Impact
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Church Hill, Tennessee, is a small city with a specific affordable housing landscape. The Low-Income Housing Tax Credit (LIHTC) program has contributed to the city's affordable housing inventory, with 48 total units, all designated as low-income units. These LIHTC-funded affordable housing units cover approximately 1.42% of the city's estimated housing inventory, indicating a modest role in addressing affordable housing needs.
The LIHTC program has provided $320,796 in tax credits for affordable housing in Church Hill. With one project funded, this equates to an average federal funding of $320,796 per project and $6,683 per unit. Church Hill accounts for 0.07% of Tennessee's total LIHTC funding, representing a small portion of the state's affordable housing resources.
The city's LIHTC-funded affordable housing inventory comprises 4 one-bedroom units, 3 two-bedroom units, and 14 three-bedroom units. This distribution accommodates families of various sizes within the affordable housing framework.
The sole LIHTC project in Church Hill, Church Hill Village Apartments, was completed in 2006. This project has provided affordable housing options to the community for over 15 years, demonstrating a long-term commitment to addressing housing needs in the area.
Church Hill has experienced modest population growth, increasing from 8,187 in 2010 to 8,795 in 2022. The median income has also risen, from $46,280 in 2013 to $54,567 in 2022. This income growth may influence the demand for affordable housing in the city.
Racial distribution in Church Hill has remained relatively stable, with the white population consistently representing approximately 94-95% of the total population throughout the past decade. The city has seen slight increases in diversity, with small percentages of Black, Hispanic, and multiracial residents.
In conclusion, Church Hill's LIHTC-funded affordable housing inventory, while limited in scale, provides an important resource for low-income residents. The single project, completed in 2006, offers a variety of unit sizes to accommodate different household needs. As the city continues to grow and evolve demographically, ongoing assessment of affordable housing needs will be essential to ensure adequate housing options for all residents.
