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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Kingston, located in Pennsylvania, is a community with a population of 13,317 as of 2022 and an estimated housing inventory of 5,102 units. The Low-Income Housing Tax Credit (LIHTC) program has contributed to the city's affordable housing. Kingston has one LIHTC-funded project, the Daniel J Flood Tower Apartments, providing 211 affordable housing units, including 21 low-income units. This project represents 4.1% of the city's estimated housing inventory.
Kingston received $870,047 in project tax credits for its LIHTC-funded affordable housing, averaging $4,123 per unit. This funding represents 0.15% of Pennsylvania's total state funding for affordable housing. The Daniel J Flood Tower Apartments, completed in 2016, caters specifically to the senior population, addressing the needs of an aging demographic.
The LIHTC-funded project in Kingston includes 15 efficiency units, 195 one-bedroom units, and 1 two-bedroom unit. This distribution emphasizes smaller living spaces, suitable for individuals or small households, particularly in senior-focused housing.
Kingston's population has remained relatively stable, increasing from 12,887 in 2019 to 13,317 in 2022. Median income has fluctuated, rising from $59,244 in 2019 to $60,265 in 2018, then decreasing to $56,546 in 2022. This trend suggests a potential increase in the need for affordable housing options.
Racial demographics in Kingston have been consistent over the past decade. The white population has maintained a majority at approximately 87% in recent years, with small but steady representations of Black (4%), Hispanic (5%), and Asian (1%) residents. The stable racial composition indicates that affordable housing needs may be consistent across different demographic groups.
Kingston's LIHTC-funded affordable housing project, while modest in scale, addresses the community's housing needs. The focus on senior housing with the Daniel J Flood Tower Apartments demonstrates a targeted approach to serving a specific demographic. The current LIHTC inventory, representing a small percentage of the city's estimated housing stock, provides valuable affordable options for residents. The city's stable population and fluctuating median income suggest an ongoing need for affordable housing solutions, which may require continued attention and potential expansion in the future.