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Affordable Housing in Daleville: LIHTC's Impact on a Small Alabama City
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Daleville, Alabama, with a population of 6,359 as of 2022, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 42 units, all of which are designated as low-income units. This represents approximately 1.72% of the city's estimated 2,436 housing units.
Daleville has received $243,131 in project tax credits from the LIHTC program for affordable housing. This funding translates to an average of $243,131 per project and $5,789 per unit. The city accounts for 0.14% of Alabama's total LIHTC funding.
The single LIHTC project in Daleville, Deerfield Apartments, was completed in 1999. This development has provided affordable housing in the city for over two decades. It consists of 24 two-bedroom units and 18 three-bedroom units, offering diverse housing options for low-income residents.
Daleville's population has remained relatively stable over the past decade, decreasing slightly from 6,538 in 2019 to 6,359 in 2022. The median income has fluctuated, changing from $42,514 in 2019 to $43,127 in 2022. The city's racial composition has shown minor shifts, with the white population decreasing from 65% to 60% between 2019 and 2022, while the Black population increased from 19% to 24%, and the Asian population grew from 2% to 2%.
Daleville's LIHTC-funded affordable housing, although limited to one project, provides 42 low-income units, contributing to the city's housing diversity. The Deerfield Apartments project offers a mix of two and three-bedroom units, addressing various family size needs. While the LIHTC-funded units represent a small portion of the city's estimated housing stock, they play a role in providing affordable options for low-income residents. The demographic trends over the past decade indicate a relatively stable population with some shifts in racial composition and fluctuating median income, factors that may influence future affordable housing needs in the city.
