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Affordable Housing in Mansfield, Pennsylvania: A Single LIHTC Project's Impact
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Mansfield, Pennsylvania, a small community, has implemented affordable housing initiatives through the Low-Income Housing Tax Credit (LIHTC) program. The city's LIHTC-funded affordable housing inventory comprises 24 low-income units, all part of the Mansfield Court project. This inventory represents approximately 2.07% of the city's estimated 1,159 housing units.
The LIHTC program has allocated $54,280 in project tax credits to Mansfield for affordable housing development. With one project in the city, this equates to an average federal funding of $54,280 per project and $2,261.67 per unit. Mansfield accounts for about 0.01% of the total state funding for LIHTC projects in Pennsylvania.
Mansfield Court, completed in 2001, marks the inception of LIHTC-funded affordable housing in the city. This project has provided affordable housing options for over two decades, demonstrating a sustained effort to address housing needs in the community.
The affordable housing units in Mansfield consist entirely of one-bedroom apartments, with all 24 units falling into this category. This configuration indicates a focus on accommodating single individuals or small households.
Demographic trends over the past decade show that Mansfield has experienced a slight population decline, from 3,520 in 2010 to 3,024 in 2022. The median income has fluctuated, with the most recent data indicating $35,460 in 2022. These figures suggest an ongoing need for affordable housing options in the community.
Racial demographics have remained relatively stable, with the white population consistently comprising around 90-94% of the total. A slight increase in diversity has been observed, with small percentages of Black, Hispanic, and multiracial residents.
In conclusion, Mansfield's LIHTC-funded affordable housing, though modest in scale, has maintained a consistent presence in the community for over 20 years. The Mansfield Court project, focusing on one-bedroom units, addresses a specific housing need. While the percentage of affordable housing is lower than ideal targets, the consistent demographic trends and income levels indicate a continuing need for affordable housing options in the community.
