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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Mariposa neighborhood in Glendale, California, features Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area contains 38 affordable units, all categorized as low-income. Based on the 2022 population of 14,602 and an estimated 5,595 housing units, LIHTC-funded affordable housing comprises approximately 0.68% of the neighborhood's estimated housing inventory.
The LIHTC program has invested $655,780 in project tax credits for affordable housing in Mariposa, averaging about $17,257 per unit. LIHTC-funded affordable housing projects in the neighborhood span from 1994 to 2010, indicating a 16-year period of affordable housing development.
The first project, Monte Vista Apts, was completed in 1994, while the most recent project, Gardens On Garfield, was finished in 2010. The 2010s saw the largest addition to the affordable housing inventory with the completion of Gardens On Garfield.
The affordable housing units in Mariposa vary in size. The inventory includes 8 one-bedroom units, 12 two-bedroom units, and 1 three-bedroom unit. This distribution suggests accommodation for various household sizes, from individuals to small families.
Over the past decade, Mariposa's population has declined slightly, decreasing from 15,582 in 2019 to 14,602 in 2022. Despite this population decrease, the median income has risen from $46,699 in 2019 to $46,124 in 2022, indicating a general improvement in economic conditions for residents.
The racial composition of Mariposa has remained relatively stable, with minor shifts. The white population has decreased slightly from 60% in 2019 to 56% in 2022, while the Hispanic population has increased from 25% to 28% during the same period. The Asian population has remained relatively constant at around 12-13%.
No new LIHTC projects have been built in Mariposa since 2010. This could be due to various factors, including changes in local housing needs, funding availability, or shifts in housing policy priorities.
The Mariposa neighborhood in Glendale, California, has a small but significant LIHTC-funded affordable housing presence, comprising 0.68% of the estimated housing inventory. The neighborhood has seen two LIHTC projects developed over a 16-year period, with a total investment of $655,780 in tax credits. The affordable units offer a mix of one-, two-, and three-bedroom options, catering to diverse household sizes. While the population has slightly decreased in recent years, median income has risen, and racial demographics have remained relatively stable with minor shifts. The absence of new LIHTC projects since 2010 may warrant further investigation into current affordable housing needs and policies in the area.