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Affordable Housing in Emma Dickinson Orchard Homes: A Single LIHTC Project's Impact
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Emma Dickinson Orchard Homes, a neighborhood in Missoula, Montana, has a population of 4,193 as of 2022. The area contains one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project, providing 37 affordable units, all designated as low-income. This project accounts for approximately 2.3% of the neighborhood's estimated 1,607 housing units.
The LIHTC program has invested $474,071 in tax credits for affordable housing in this neighborhood, averaging $12,812 per unit. The sole LIHTC project, named "Garden District," was completed in 2010. It consists of 37 units: 14 one-bedroom, 18 two-bedroom, and 5 three-bedroom units, accommodating various household sizes.
Emma Dickinson Orchard Homes has experienced demographic changes over the past decade. The population remained relatively stable, decreasing slightly from 4,188 in 2020 to 4,193 in 2022. Median income fluctuated, rising from $46,061 in 2020 to $55,544 in 2021, then decreasing to $45,885 in 2022. The neighborhood's racial composition has shifted slightly, with the white population decreasing from 93% in 2020 to 90% in 2022, while the Hispanic population increased from 5% to 6%, and those identifying as two or more races grew from 1% to 3%.
The Garden District project's completion in 2010 predates the available demographic data, making direct correlations between its development and specific demographic shifts challenging. However, the relatively stable population and fluctuating median income levels suggest an ongoing need for affordable housing options in the neighborhood.
Emma Dickinson Orchard Homes' single LIHTC-funded affordable housing project provides 37 units, catering to approximately 2.3% of the estimated housing inventory. The Garden District project offers a mix of unit sizes to accommodate various household compositions. While the neighborhood's demographics have remained relatively stable over the past decade, the fluctuating median income levels and slight increase in diversity indicate a continued need for affordable housing options. The LIHTC program's investment in this neighborhood represents a step towards addressing affordable housing needs, though it may only partially meet the potential demand for such housing in the area.
