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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
East Pittsburgh, located in Pennsylvania, is a small community with a history in the manufacturing industry. The city has one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project, contributing to its affordable housing inventory.
The LIHTC program has funded 31 low-income units in East Pittsburgh, all designated as affordable housing. Based on the estimated housing inventory of approximately 715 units, the LIHTC-funded affordable housing covers about 4.3% of the city's housing stock.
The city received $36,969 in project tax credits for its LIHTC-funded affordable housing. This translates to an average federal funding of $1,192 per unit. East Pittsburgh's LIHTC funding represents 0.01% of Pennsylvania's total state funding for affordable housing projects.
The sole LIHTC project in East Pittsburgh, Linden Grove Apartments, was completed in 1988. This project has been providing affordable housing options to the community for over three decades. All 31 units in the project are one-bedroom apartments, catering to individuals or small households in need of affordable housing.
East Pittsburgh has experienced a slight decline in population, from 1,983 in 2010 to 1,866 in 2022. The median income has increased from $25,288 in 2013 to $32,423 in 2022. This rise in median income might indicate an improving economic situation for some residents, but affordable housing remains crucial for lower-income households.
Regarding racial demographics, the city has seen a shift in its composition. The percentage of Black residents has increased from 53% in 2013 to 68% in 2022, while the percentage of White residents has decreased from 38% to 27% during the same period. This demographic change highlights the importance of ensuring that affordable housing options remain available and accessible to all residents, particularly as the community's racial makeup evolves.
In summary, East Pittsburgh's LIHTC-funded affordable housing project, Linden Grove Apartments, has been a long-standing contributor to the city's affordable housing inventory. While it covers a small percentage of the estimated housing stock, it provides crucial low-income housing options. The city's changing demographics and increasing median income underscore the ongoing need for affordable housing solutions to support the community's diverse population.