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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
El Mirage, Arizona, possesses a distinct Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city has 205 affordable housing units, all categorized as low-income units. Based on the 2022 population estimate, the city's housing inventory is approximately 13,660 units, with LIHTC funded affordable housing comprising about 1.5% of the total housing stock.
El Mirage's LIHTC funded projects consist of Casa Mirage and Plaza Manuel Ortega. Casa Mirage was completed in 1993, while Plaza Manuel Ortega was finished in 2003. This indicates that affordable housing has been present in the city for nearly three decades, with the 1990s seeing the most significant affordable housing development.
The unit distribution in these projects is as follows: 48 one-bedroom units, 27 two-bedroom units, 36 three-bedroom units, and 32 four-bedroom units. This distribution suggests an intention to accommodate families of various sizes, with a notable number of larger units available.
El Mirage has experienced steady population growth over the past decade, increasing from 31,827 in 2013 to 35,652 in 2022. The median income has also risen substantially, from $54,984 in 2013 to $69,048 in 2022, indicating overall economic improvement in the city.
The racial demographics have shifted slightly. The Hispanic population remains the largest group, comprising 49% of the population in 2022. The white population has decreased from 43% in 2013 to 34% in 2022, while other racial groups have seen small increases.
Despite population growth and rising median income, no new LIHTC projects have been developed in El Mirage since 2003. This could be attributed to various factors, including changes in housing needs, funding priorities, or local development policies.
El Mirage's LIHTC funded affordable housing inventory consists of 205 units across two projects, representing about 1.5% of the estimated housing stock. These projects, developed in the 1990s and early 2000s, offer a range of unit sizes to accommodate diverse household needs. The changing demographics and economic conditions of El Mirage may influence future affordable housing needs and development strategies.