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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Jordan Creek/NOTI neighborhood in Allentown, Pennsylvania, maintains a limited presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area contains 8 affordable units, all categorized as low-income. Based on the 2022 population of 5,080 and the national average household size of 2.61, the estimated housing units in the neighborhood total approximately 1,946. LIHTC funded affordable housing comprises about 0.41% of the estimated housing inventory in the neighborhood.
The LIHTC program has allocated $41,947 in tax credits for affordable housing projects in this neighborhood. This equates to an average federal funding of $5,243 per unit. The neighborhood's LIHTC funded affordable housing inventory consists of a single project, N 5Th St Apts, completed in 1993. This indicates that affordable housing has been a fixture in the neighborhood for nearly three decades.
The N 5Th St Apts project provides a combination of two-bedroom and three-bedroom units, with 4 units of each type. This distribution suggests an emphasis on accommodating families or households with multiple members.
The neighborhood's population has fluctuated over the past decade, reaching a peak of 5,296 in 2015 and settling at 5,080 in 2022. The median income has demonstrated an overall upward trend, increasing from $31,770 in 2013 to $40,793 in 2022, potentially indicating a gradual improvement in economic conditions for residents.
The racial distribution in the neighborhood has undergone significant changes. The Hispanic population has increased substantially, growing from 70% in 2013 to 81% in 2022. Concurrently, the white population has decreased slightly from 17% to 13%, while the Black population has remained relatively stable, fluctuating between 8% and 12% over the decade.
The absence of new LIHTC projects in the last decade may be attributed to various factors, including the rising median income, which could have reduced the perceived need for additional affordable housing. However, it is important to consider that other affordable housing programs not captured in this data may be addressing the community's needs.
The Jordan Creek/NOTI neighborhood has a small but established LIHTC funded affordable housing presence, with 8 units constructed in 1993. While this represents a small percentage of the estimated housing inventory, it has provided consistent affordable options for nearly 30 years. The neighborhood has experienced demographic shifts, particularly in its racial composition, and a gradual increase in median income. These factors, along with potential contributions from other housing programs, may influence the current and future needs for affordable housing in the area.