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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Littlestown, located in Pennsylvania, is a small community with a population of 6,156 residents as of 2022. The Low-Income Housing Tax Credit (LIHTC) program has contributed to affordable housing in the area. Littlestown has one LIHTC-funded project, Littlestown Villas Apartments, which provides 36 low-income units. This represents approximately 1.53% of the city's estimated 2,359 housing units.
The LIHTC program has allocated $71,485 in tax credits for affordable housing in Littlestown. This amount equates to an average federal funding of $71,485 per project and $1,986 per unit. The city's LIHTC funding constitutes 0.01% of Pennsylvania's total state allocation.
Littlestown Villas Apartments, completed in 1989, initiated LIHTC-funded affordable housing in the city. This project has offered affordable housing options for over three decades. The affordable housing inventory in Littlestown includes 15 one-bedroom units and 21 two-bedroom units, accommodating various household sizes within the low-income population.
Demographic analysis of Littlestown over the past decade reveals steady population growth, increasing from 5,803 in 2010 to 6,156 in 2022. The median income has fluctuated, rising from $62,964 in 2017 to $72,411 in 2021, then decreasing to $65,092 in 2022. This recent decline in median income may indicate a potential need for additional affordable housing options.
Racial demographics in Littlestown show a predominantly white population, consistently above 90% throughout the past decade. A slight increase in diversity has occurred, with the Hispanic population growing from 1% in 2013 to 2% in 2022, and the Black population increasing from less than 1% to 2% during the same period.
In conclusion, Littlestown's LIHTC-funded affordable housing project, Littlestown Villas Apartments, has contributed to the city's affordable housing inventory since 1989. It provides 36 low-income units, primarily consisting of one-bedroom and two-bedroom apartments. The city's recent population growth and fluctuations in median income suggest that continuous monitoring of affordable housing needs may be necessary to ensure adequate housing options for all residents.