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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Mechanicsburg, located in Pennsylvania, has a small Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city has 21 affordable units, all designated as low-income units. With an estimated housing inventory of 3,602 units based on the 2022 population, the LIHTC funded affordable housing covers approximately 0.58% of the city's housing stock.
Mechanicsburg has received $102,146 in project tax credits for affordable housing through the LIHTC program. With two projects, this translates to an average of $51,073 in federal funding per project. The average federal funding per unit is $4,864. The city holds 0.02% of the total state LIHTC funding, indicating a relatively small share of Pennsylvania's affordable housing resources.
The first LIHTC project in Mechanicsburg, American House Apts, was completed in 1996, while the most recent project, Brethren House, was finished in 1999. This shows that affordable housing has been present in the city for over two decades. The 1990s saw the most affordable housing activity in Mechanicsburg, with both LIHTC projects being completed during this decade.
All 21 affordable housing units in the city are one-bedroom apartments, suggesting a focus on housing for individuals or small households.
Over the past decade, Mechanicsburg has experienced modest population growth, increasing from 8,981 in 2010 to 9,402 in 2022. The median income has also risen, from $67,094 in 2013 to $77,055 in 2022, potentially indicating a growing need for affordable housing options.
Racial demographics have shown slight changes, with the white population decreasing from 90% in 2013 to 85% in 2022, while Hispanic and multi-racial populations have seen small increases. This gradual diversification may influence future affordable housing needs.
Mechanicsburg's LIHTC funded affordable housing inventory provides 21 one-bedroom units for low-income residents. The city's modest share of state LIHTC funding and the concentration of project development in the 1990s suggest a stable but limited affordable housing landscape. As the population continues to grow and diversify, and median income rises, ongoing assessment of affordable housing needs may be necessary to ensure adequate support for low-income residents.