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Affordable Housing in Johnstown, Pennsylvania: LIHTC Funding and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Johnstown, Pennsylvania, a city with an industrial background, has 66 affordable housing units funded through the Low-Income Housing Tax Credit (LIHTC) program. All units are designated as low-income, indicating a focus on housing for lower-income residents. The LIHTC-funded affordable housing comprises approximately 0.93% of the city's estimated 7,058 housing units.
Johnstown has received $1,224,627 in project tax credits from the LIHTC program. With two projects, this equals an average federal funding of $612,313.50 per project and $18,555 per unit. Johnstown holds 0.2% of Pennsylvania's total LIHTC funding, representing a small but notable portion of the state's affordable housing investment.
The city's LIHTC-funded affordable housing spans from 2004 to 2019, demonstrating a 15-year presence of this program in Johnstown. The first project, Chandler School Apts, was completed in 2004, and the most recent, Roxbury Place, was finished in 2019. The 2010s experienced the most activity in LIHTC-funded housing development.
Johnstown's LIHTC inventory primarily consists of one-bedroom and two-bedroom units. Of the 66 total units, 47 are one-bedroom apartments, and 19 are two-bedroom apartments. This distribution indicates a focus on housing for smaller households or individuals.
Johnstown has experienced a steady population decline over the past decade, decreasing from 20,555 in 2014 to 18,421 in 2022. Despite this decrease, the median income has shown an overall upward trend, rising from $27,903 in 2014 to $34,889 in 2022. This increase in median income, coupled with the population decline, may indicate changing economic dynamics in the city.
The racial composition of Johnstown has shifted slightly. The white population has decreased from 78% in 2014 to 71% in 2022, while the Black population has increased from 12% to 16% over the same period. The Hispanic population has also grown slightly, from 2% to 4%. These demographic changes could influence future affordable housing needs and strategies.
Johnstown's LIHTC-funded affordable housing inventory represents a consistent effort to provide low-income housing options. The city has leveraged federal funding to create 66 units across two projects over a 15-year period. The focus on one and two-bedroom units aligns with the needs of smaller households. Despite a declining population, rising median incomes and slight shifts in racial composition suggest ongoing changes in the city's socioeconomic landscape. These trends may influence future affordable housing needs and development strategies in Johnstown.
