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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Manheim Park, a neighborhood in Kansas City, Missouri, contains 31 affordable housing units funded by the Low-Income Housing Tax Credit (LIHTC) program. These units constitute approximately 5.6% of the estimated 557 housing units in the neighborhood, based on the 2022 population of 1,453 and the national average household size. The LIHTC program has invested $510,000 in project tax credits in Manheim Park, averaging $16,452 per unit in federal funding.
The development of affordable housing in Manheim Park spans from 1989 to 2007, with the 1990s being the most active period for project completions. Notable projects from this era include "4226-32 Paseo," "4433 Virginia Ave," and "1214-20 East Brush Creek Blvd," all completed in 1990, followed by the "Four-Plex Building" in 1993. The LIHTC funded housing inventory in Manheim Park primarily consists of one-bedroom and two-bedroom units, with 9 one-bedroom units, 18 two-bedroom units, and 4 three-bedroom units.
Manheim Park has experienced significant demographic changes over the past decade. The population peaked at 1,882 in 2017 before declining to 1,453 in 2022. Despite this population decrease, the median income has shown an upward trend, increasing from $18,155 in 2013 to $31,151 in 2022. The racial composition of the neighborhood has also changed substantially, with the Black population decreasing from 91% in 2013 to 44% in 2022, while the Hispanic and White populations have increased from 4% to 22% and 4% to 28%, respectively.
These demographic shifts, particularly the increasing median income and changing racial composition, may indicate evolving housing needs in the neighborhood. The absence of new LIHTC projects in the last decade could be related to these demographic changes, potentially suggesting a shift in the demand for affordable housing in the area.
In summary, Manheim Park's LIHTC funded affordable housing inventory represents a small but significant portion of the neighborhood's estimated housing stock. The area has benefited from consistent affordable housing development from the late 1980s through the 2000s, with a focus on one and two-bedroom units. While no new LIHTC projects have been recorded in the last decade, the neighborhood has experienced notable demographic changes, including increased median income and racial diversification. These changes may be influencing the current and future affordable housing needs of Manheim Park.