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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Endicott, located in New York state, has a population of 13,540 as of 2022. The village has 66 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, all designated as low-income units. Based on the estimated housing inventory of 5,188 units, LIHTC funded affordable housing comprises approximately 1.27% of the city's housing stock.
Endicott has two LIHTC funded projects: Nichols Notch Apts and 2 Jefferson Ave. The Nichols Notch Apts, completed in 2004, consists of 57 units, all one-bedroom apartments. The 2 Jefferson Ave project has 9 units, with a mix of one, two, and three-bedroom apartments.
The distribution of unit types across both projects includes 59 one-bedroom units, 5 two-bedroom units, and 2 three-bedroom units. This indicates a focus on smaller household sizes in the LIHTC funded affordable housing inventory of Endicott.
Over the past decade, Endicott has experienced demographic shifts. The population increased from 12,770 in 2019 to 13,540 in 2022. The median income rose from $50,391 in 2019 to $50,235 in 2022, indicating a modest improvement in economic conditions.
Regarding racial distribution, the village has maintained a predominantly white population, decreasing from 81% in 2019 to 78% in 2022. The Black population remained stable at 9%, while the Hispanic population increased from 4% to 6% during this period. The Asian population held steady at 2%.
These demographic trends suggest a relatively stable community with minor shifts in population composition. The modest increase in population and median income might indicate a potential need for additional affordable housing options in the future, if the trend continues.
Endicott's LIHTC funded affordable housing inventory consists of 66 units across two projects, representing about 1.27% of the estimated housing stock. The majority of these units are one-bedroom apartments, suggesting a focus on smaller household sizes. The village has experienced slight population growth and income increases over the past decade, while the racial composition has remained relatively stable with minor shifts. This analysis provides insight into the current state of LIHTC funded affordable housing in Endicott and its relationship to recent demographic trends.