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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Enola, Pennsylvania, is a small community with a population of 7,844 as of 2022. The city has a total of 36 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, all of which are designated as low-income units. Based on the estimated housing inventory of approximately 3,005 units, the LIHTC funded affordable housing covers about 1.2% of the city's housing stock.
Enola has received $557,557 in LIHTC funding for affordable housing projects. With three approximate projects, this translates to an average of $185,852 in federal funding per project. The average federal funding per unit is $15,488. Enola holds 0.09% of the total state LIHTC funding.
The first LIHTC project in Enola was completed in 1993, and the most recent project was finished in 2009, indicating a 16-year span of affordable housing development in the city. The 2000s saw the most activity in affordable housing construction, with two projects completed during this decade.
The affordable housing inventory in Enola consists of 5 efficiency units, 30 one-bedroom units, and 1 two-bedroom unit. This distribution suggests a focus on housing for individuals or small households.
Over the past decade, Enola's population has remained relatively stable, fluctuating between 7,800 and 8,500 residents. The median income has shown a gradual increase from $57,790 in 2013 to $61,290 in 2022, indicating a modest improvement in economic conditions.
Regarding racial demographics, Enola has maintained a predominantly white population, consistently above 80% throughout the 2010s. However, there has been a slight increase in diversity, with the Hispanic population growing from 2% in 2019 to 7% in 2022, and the percentage of residents identifying as two or more races increasing from 2% to 5% in the same period.
The lack of new LIHTC projects in the last decade could be attributed to the relatively stable population and gradually increasing median income, which may have reduced the perceived need for additional low-income housing.
Enola's LIHTC funded affordable housing inventory, while modest at 36 units, represents a consistent effort to provide low-income housing options over a 16-year period. The housing stock is predominantly composed of one-bedroom units, suggesting a focus on individual or small household needs. While the city's demographic trends show slight increases in diversity and median income, the stable population and limited LIHTC activity in recent years indicate a potentially balanced housing market. However, ongoing monitoring of housing needs may be necessary to ensure adequate affordable options for the community's changing demographics.