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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Kirkside, a neighborhood in Kansas City, Missouri, has a modest Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 5 total affordable units, all of which are designated as low-income units. Based on the 2022 population of 1,025 and using the national average household size of 2.61, approximately 393 housing units are estimated in the neighborhood. The LIHTC funded affordable housing covers about 1.27% of the estimated housing inventory in Kirkside.
The LIHTC program has been contributing to affordable housing in Kirkside since 1989, with the completion of the Kirktown Phase II project. This project accounts for all 5 LIHTC units in the neighborhood. The 1980s marked the decade with the most affordable housing development in Kirkside through the LIHTC program.
Information about the types of units in this neighborhood's LIHTC inventory is not available. No specific target population is mentioned for the Kirktown Phase II project, suggesting it may serve a general low-income population.
Over the past decade, Kirkside has experienced demographic shifts. The population has fluctuated, peaking at 1,785 in 2016 and declining to 1,025 by 2022. Median income has shown an overall upward trend, rising from $40,682 in 2013 to $43,985 in 2022, with a notable spike to $58,266 in 2021.
Racial demographics have also shifted. The Black population percentage has decreased from 86% in 2013 to 58% in 2022, while the White population has increased from 11% to 40% over the same period. Hispanic and Asian populations have remained relatively small, consistently below 5% each.
The lack of new LIHTC projects in the last decade could be related to the rising median income and changing racial composition of the neighborhood. Other affordable housing programs not captured in this data may also be serving the area's low-income residents.
Kirkside's LIHTC funded affordable housing inventory is relatively small, covering just over 1% of the estimated housing stock. All 5 LIHTC units were developed through a single project completed in 1989. While the neighborhood has experienced demographic changes over the past decade, including population fluctuations, increasing median income, and shifts in racial composition, the LIHTC inventory has remained stable. This analysis provides a snapshot of LIHTC-funded affordable housing in Kirkside, but a comprehensive understanding of affordable housing in the area would require information on other housing assistance programs and initiatives.