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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Eagle Estates Homeowners Association in El Paso, Texas, features a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood contains 220 total units in LIHTC funded projects, all designated as low-income units. This inventory of affordable housing addresses community housing needs.
The neighborhood's 2022 population of 2,665, combined with the national average household size of 2.61, suggests approximately 1,021 housing units. The 220 LIHTC funded affordable units constitute about 21.5% of the estimated housing inventory, aligning with the target percentage for affordable housing stock in a balanced community.
LIHTC funded affordable housing development in the neighborhood spans several decades. The earliest recorded projects, "406 S Campbell St" and "414-416 South Florence," were completed in 1989. Three more projects followed in 1991: "600 S Florence St," "608 S Campbell St," and "Third & Florence." These developments represent over three decades of affordable housing presence in the neighborhood.
The 1990s saw the highest number of affordable housing project completions, with at least five projects built during this period. This indicates a concentrated effort to increase affordable housing options in the neighborhood during that time.
The housing inventory includes a variety of unit sizes: 109 one-bedroom units, 48 two-bedroom units, and 11 three-bedroom units. This range of unit sizes accommodates various household compositions, from individuals to small families.
Over the past decade, the neighborhood's population has remained relatively stable, fluctuating between 2,600 and 3,100 residents. The median income has shown variability, ranging from about $13,000 to $18,500, with the most recent figure in 2022 at $14,528. This low median income emphasizes the ongoing need for affordable housing options in the neighborhood.
The neighborhood's racial composition has remained predominantly Hispanic, consistently above 90% of the population throughout the past decade. This demographic consistency suggests that the LIHTC funded housing has been serving a largely Hispanic community.
Eagle Estates Homeowners Association demonstrates a significant commitment to affordable housing through its LIHTC funded projects. The 220 low-income units, representing about 21.5% of the estimated housing inventory, meet the target percentage for affordable housing stock. The development of these projects, primarily in the late 1980s and early 1990s, has provided long-term affordable housing options for the community. The mix of unit sizes caters to diverse household needs, while the demographic data indicates a consistent demand for affordable housing in this predominantly Hispanic neighborhood with relatively low median incomes. This LIHTC funded housing inventory serves a crucial role in meeting the affordable housing needs of the Eagle Estates community.