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Affordable Housing in East Meyer 6: LIHTC Development and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
East Meyer 6, a neighborhood in Kansas City, Missouri, exhibits a diverse housing landscape that includes Low-Income Housing Tax Credit (LIHTC) funded affordable housing. As of 2022, the neighborhood contains 7 LIHTC-funded affordable housing units, all of which are designated as low-income units. These units represent approximately 0.77% of the neighborhood's estimated housing inventory of 905 units.
The LIHTC program has contributed to affordable housing in East Meyer 6 since 1987, with the most recent project completed in 1996. This indicates a period of affordable housing development spanning nearly a decade in the neighborhood. The 1980s witnessed the most activity, with four projects completed during this period: three in 1987 (1411 E 72Nd St, 1415 E 72Nd St, and 1124 E 79Th St) and one in 1989 (7104 Tracy Ave).
All seven LIHTC-funded units in the neighborhood are three-bedroom units, suggesting a focus on accommodating families or larger households. This configuration aligns with the neighborhood's demographics and potentially addresses a specific housing need in the area.
East Meyer 6 has experienced demographic shifts over the last decade. The population decreased from 3,625 in 2015 to 2,363 in 2022, a decline of approximately 35%. Despite this population decrease, the median income has shown an overall upward trend, rising from $41,759 in 2015 to $50,572 in 2022.
Racial demographics have also changed. The Black population, while still the majority, has decreased from 84% in 2016 to 67% in 2022. Conversely, the White population has increased from 10% to 23% during the same period. The Hispanic population has remained relatively stable at around 1-3%.
No new LIHTC projects have been completed in East Meyer 6 since 1996. This could be attributed to various factors, including changes in neighborhood needs, shifts in funding priorities, or a focus on maintaining existing affordable housing stock rather than developing new units.
East Meyer 6's LIHTC-funded affordable housing inventory consists of 7 three-bedroom units, representing a small fraction of the estimated total housing stock. The neighborhood experienced most of its LIHTC development in the late 1980s and early 1990s. Despite population decline over the past decade, median income has increased, and there have been notable shifts in racial demographics. These changes may influence future affordable housing needs and development in the area. While the current LIHTC inventory is limited, other affordable housing programs may also be serving this neighborhood, contributing to a more comprehensive affordable housing landscape.
