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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Douglasville, Georgia, has a population of 58,068 as of 2022. The city's Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory comprises 238 total units, with 136 designated as low-income units. Based on an estimated housing inventory of 22,248 units, LIHTC-funded affordable housing represents approximately 1.07% of the city's housing stock.
Douglasville has 5 LIHTC-funded projects contributing to the city's affordable housing needs. The first LIHTC project, Brighton Manor Apartments, was completed in 1990, while the most recent projects, Columbia Gardens Apartments and Highland Park Senior Village, were finished in 2000. This indicates a decade-long span of affordable housing development in the city.
The 1990s saw the most affordable housing projects completed in Douglasville, with four out of the five projects built during this decade. These include Brighton Manor Apartments (1990), Douglasville Proper (1995), Millwood Park Apartments (1999), and the aforementioned Columbia Gardens Apartments and Highland Park Senior Village (both in 2000).
In terms of unit distribution, the LIHTC-funded projects in Douglasville include 18 one-bedroom units, 64 two-bedroom units, and 18 three-bedroom units. This mix of unit sizes accommodates various household sizes and needs within the low-income population.
Over the past decade, Douglasville has experienced steady population growth, increasing from 53,911 in 2015 to 58,068 in 2022. During this same period, the median income has risen from $58,896 in 2015 to $73,256 in 2022, indicating an overall improvement in economic conditions for the city's residents.
Racial demographics have shown shifts, with the Black population increasing from 50% in 2015 to 55% in 2022, while the White population decreased from 38% to 30% during the same period. The Hispanic population has remained relatively stable, increasing slightly from 7% to 9%.
Despite these demographic changes and the city's growth, no new LIHTC projects have been recorded in the last decade. This could be due to factors such as changes in funding priorities, land availability, or shifts in housing needs.
Douglasville's LIHTC-funded affordable housing inventory provides an important resource for low-income residents. The five projects, developed primarily in the 1990s, offer a range of unit sizes to accommodate different household needs. While the city has experienced population growth and increased median income over the past decade, the lack of recent LIHTC developments suggests a potential need for reassessment of affordable housing strategies to ensure alignment with current demographic trends and housing needs.