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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Jordan Heights/Old Fairgrounds, a neighborhood in Allentown, Pennsylvania, has a population of 8,816 as of 2022. The area contains two Low-Income Housing Tax Credit (LIHTC) funded projects, providing 68 affordable housing units, all designated as low-income. These units represent approximately 2% of the neighborhood's estimated 3,378 housing units.
The LIHTC projects in Jordan Heights/Old Fairgrounds have received $1,145,540 in tax credits, averaging $16,846 per unit in federal funding. The first project, "314 N Church St," was completed in 1988, while the most recent, "Sacred Heart Residences," was finished in 2017. This indicates a 29-year span of affordable housing development in the area.
The LIHTC projects in this neighborhood primarily consist of one-bedroom units (55) and two-bedroom units (13). No efficiencies, three-bedroom, or four-bedroom units are reported in these projects.
The neighborhood has experienced significant population growth over the past decade, increasing from 6,691 in 2013 to 8,816 in 2022. The median income has risen from $26,570 in 2013 to $33,138 in 2022, suggesting some economic improvement in the area.
Racial demographics indicate a consistently high Hispanic population, increasing from 68% in 2013 to 75% in 2022. The White population decreased from 17% to 11%, while the Black population remained relatively stable around 11-13%. These demographic shifts may have influenced the development of the larger "Sacred Heart Residences" project in 2017 to address changing housing needs.
Jordan Heights/Old Fairgrounds has seen modest LIHTC-funded affordable housing development over three decades, with two projects providing 68 low-income units. While this covers a small portion of the estimated housing inventory, it represents a consistent effort to address affordable housing needs. The neighborhood has experienced population growth, some income improvement, and an increasing Hispanic population. These demographic trends may continue to shape future affordable housing needs and development in the area.