Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Dixon, California, has a distinct Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory that addresses its housing needs. The city has 584 units in LIHTC funded projects, with 475 designated as low-income units. Based on the estimated housing inventory of 8,462 units, LIHTC funded affordable housing comprises approximately 6.9% of the city's housing stock.
Dixon has received $3,727,909 in project tax credits from the LIHTC program. With approximately 7 projects, this equates to an average federal funding of $532,558 per project. When divided by the total units, it amounts to $6,383 per unit in federal funding. The city holds 0.12% of the total state LIHTC funding.
The first LIHTC project in Dixon was completed in 2006, and the most recent one in 2016, indicating a decade-long presence of LIHTC funded affordable housing in the city. The 2010s saw the most affordable housing projects completed, with notable developments including Moonlight Apts (2010), Heritage Commons (2013), Valley Glen (2013), and Heritage Commons Phase 2 (2016).
The LIHTC funded projects in Dixon offer a range of unit types. There are 272 one-bedroom units, 209 two-bedroom units, and 103 three-bedroom units. This distribution indicates accommodation for various household sizes. One project, Moonlight Apts (completed in 2010), has a target population of "At-Risk," suggesting a focus on providing housing for vulnerable individuals or families.
Over the last decade, Dixon's population has grown steadily, increasing from 19,920 in 2010 to 22,085 in 2022. The median income has also risen, from $78,576 in 2013 to $84,591 in 2022, indicating an overall improvement in economic conditions. Racial demographics have remained relatively stable, with some slight changes. The Hispanic population has remained consistent at around 40-42% of the total population. The White population has decreased slightly from 51% in 2013 to 50% in 2022. There has been a small increase in the Asian population, from 1% in 2013 to 3% in 2022.
The consistent development of LIHTC projects throughout the 2010s aligns with the city's population growth and suggests a proactive approach to maintaining affordable housing options amid demographic changes. Dixon's LIHTC funded affordable housing inventory comprises 584 units, with 475 designated as low-income units. This accounts for approximately 6.9% of the estimated housing stock. The city has received over $3.7 million in LIHTC funding, spread across about 7 projects completed between 2006 and 2016. The housing units offer a mix of one, two, and three-bedroom options, catering to diverse household needs. While the city has experienced population growth and increased median income over the past decade, the consistent development of LIHTC projects suggests an ongoing commitment to providing affordable housing options for its residents.