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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Kleinman Park, a neighborhood in Mesa, Arizona, exhibits a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 175 LIHTC-funded units, with 133 designated as low-income units. Based on the 2022 population of 4,830 and the national average household size of 2.61, the neighborhood is estimated to have approximately 1,851 housing units. The LIHTC-funded affordable housing comprises about 9.5% of the estimated housing inventory, indicating a substantial contribution to the area's affordable housing needs.
The neighborhood features two LIHTC-funded projects: Maricopa Revitalization and Mesa Park Apartments. Maricopa Revitalization, completed in 2003, offers 35 units, all of which are low-income. Mesa Park Apartments provides 140 units, with 98 designated as low-income. The housing mix in these projects is diverse, with a total of 34 two-bedroom units, 139 three-bedroom units, and 2 four-bedroom units. This distribution suggests a focus on accommodating families, with a majority of units suitable for households with children.
Over the past decade, Kleinman Park has experienced demographic shifts. The population increased from 3,737 in 2013 to 4,830 in 2022, a growth of about 29%. Median income also saw a significant rise, from $25,194 in 2013 to $42,203 in 2022, representing a 67% increase. Racial demographics have also evolved. The Hispanic population, while still the largest group, decreased from 68% in 2017 to 45% in 2022. Conversely, the Black population increased from 6% to 14%, and the Native American population grew from 1% to 8% during the same period. The White population remained relatively stable, moving from 22% to 30%.
These demographic changes, particularly the increase in median income, suggest a changing economic landscape in the neighborhood. However, the continued presence of LIHTC housing indicates an ongoing need for affordable options, especially given the population growth.
Kleinman Park's LIHTC-funded affordable housing inventory plays a significant role in the neighborhood's housing landscape, covering nearly 10% of the estimated housing units. The two LIHTC projects, with their focus on larger units, seem well-suited to accommodate families. While the neighborhood has seen economic improvements and demographic shifts over the past decade, the presence of these affordable housing options remains important in maintaining a diverse and inclusive community. The mix of housing types and the proportion of affordable units contribute to meeting the varied housing needs of Kleinman Park's evolving population.