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Affordable Housing in Collister: Three Decades of LIHTC Development
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Collister neighborhood in Boise City, Idaho, features Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory comprises 229 total units, with 97 designated as low-income units. Among the estimated 4,378 housing units in the neighborhood, LIHTC funded affordable housing represents approximately 5.2% of the housing inventory.
The LIHTC program has invested in Collister, with project tax credits totaling $519,426. This equates to an average federal funding of approximately $2,268 per unit across all LIHTC-funded projects in the neighborhood.
Affordable housing has been present in Collister for three decades. The first LIHTC project, Arbor Crossing, was completed in 1992, and the most recent, Samaritan Village, was finished in 2016. The 1990s marked the beginning of affordable housing development in the area, with continued development in the 2010s.
The LIHTC-funded projects in Collister offer various housing options. The inventory includes 14 efficiencies, 89 one-bedroom units, 118 two-bedroom units, and 8 three-bedroom units. This distribution indicates accommodation for various household sizes, from individuals to small families.
Collister has experienced steady population growth over the past decade, increasing from 10,112 residents in 2013 to 11,427 in 2022. The median income has fluctuated, peaking at $71,686 in 2018 before settling at $66,252 in 2022. This income trend may indicate an ongoing need for affordable housing options in the neighborhood.
Racial demographics have remained relatively stable, with the white population consistently representing the majority (around 90% in recent years). There has been a slight increase in diversity, with small growth in Asian and multi-racial populations. The Hispanic population has decreased slightly from 6% in 2015 to 3% in 2022.
Collister's LIHTC-funded affordable housing inventory represents a small but significant portion of the neighborhood's housing stock. The presence of these projects spanning three decades demonstrates a long-term commitment to providing affordable housing options. The diverse unit types cater to various household sizes, reflecting an attempt to meet different housing needs within the community. The neighborhood has seen population growth and income fluctuations, while the racial composition has remained relatively stable. These demographic trends, coupled with the continued development of LIHTC projects, suggest an ongoing effort to maintain affordable housing options in Collister.
