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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Lincoln/San Rafael Hill neighborhood in San Rafael, California, contains a significant amount of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood has 66 total units in LIHTC-funded projects, with 64 of these designated as low-income units. Based on the 2022 population of 2,647 and an estimated 1,014 housing units, the LIHTC-funded affordable housing represents approximately 6.5% of the neighborhood's estimated housing inventory.
The LIHTC program has invested $348,916 in tax credits for affordable housing in this neighborhood. This equates to an average federal funding of about $5,287 per unit. The Martinelli House, completed in 2007, is the only LIHTC project in the area, indicating over a decade of affordable housing presence in the neighborhood.
The Martinelli House project consists of 48 efficiencies and 18 one-bedroom units, accommodating various household sizes and needs. This composition indicates a focus on housing smaller households or individuals.
Over the past decade, the neighborhood has experienced demographic changes. The population has remained relatively stable, decreasing slightly from 3,256 in 2017 to 2,647 in 2022. The median income has increased significantly, rising from $90,458 in 2017 to $100,466 in 2022, suggesting overall economic growth in the area.
Racial distribution has remained relatively consistent. The white population comprises about half of the residents (51% in 2022). The Hispanic population maintains a substantial presence, accounting for about one-third of residents (32% in 2022). The Asian population has increased slightly, from 5% in 2017 to 9% in 2022.
Despite the rising median income, the continued presence of the LIHTC-funded housing indicates an ongoing need for affordable options in this economically diverse neighborhood.
The Lincoln/San Rafael Hill neighborhood demonstrates a commitment to affordable housing through its LIHTC-funded project, the Martinelli House. While the 66 units represent a small portion of the estimated housing inventory, they play an important role in maintaining economic diversity in an area that has experienced rising incomes. The mix of efficiency and one-bedroom units serves smaller households, aligning with changing demographic needs. As the neighborhood continues to evolve, the long-standing presence of LIHTC-funded housing acts as a stabilizing factor, ensuring housing options for lower-income residents amid economic growth.