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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Garden City, Kansas, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 139 units, all designated as low-income. This comprises approximately 1.08% of the city's estimated 12,848 housing units. The city has received $1,700,251 in project tax credits through the LIHTC program, distributed across approximately 6 projects. This equates to an average federal funding of $283,375 per project and $12,232 per unit. Garden City's share of the total state LIHTC funding is 1.19%.
Affordable housing development in Garden City spans from 1995, with the completion of the Campus View project, to 2020, when the Southwest Kansas Family Housing project was finished. This 25-year period demonstrates a sustained effort to provide affordable housing options. The 2010s were particularly active, with four projects completed: The Reserves at Prairie Ridge I, II, and III, and Southwest Kansas Family Housing.
The LIHTC-funded units in Garden City include 14 one-bedroom, 69 two-bedroom, and 56 three-bedroom units, offering various options for different household sizes. Garden City's population has grown modestly from 32,045 in 2010 to 33,532 in 2022. The median income has increased from $49,698 in 2013 to $60,096 in 2022, potentially influencing the demand for affordable housing.
The racial demographics of Garden City have shifted slightly over the past decade. The Hispanic population increased from 51% in 2013 to 54% in 2022, while the white population decreased from 41% to 35%. The Asian and Black populations have also seen small increases. These demographic changes may impact future affordable housing needs and planning.
Garden City's LIHTC-funded affordable housing inventory represents a consistent effort to provide low-income housing options, despite its modest size compared to the overall housing stock. The city has maintained a steady development of affordable housing projects over the past 25 years, with particular emphasis in the 2010s. As the population continues to grow and diversify, and median income rises, ongoing assessment of affordable housing needs will be essential to ensure that the city can accommodate its changing demographics and economic landscape.