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Affordable Housing in Middleton, Idaho: LIHTC Inventory Unchanged Amid Population Growth
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Middleton, Idaho, a growing city, has experienced significant population growth in recent years. The city's Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory consists of 34 total units, all of which are designated as low-income units. Based on the estimated housing inventory of 7,466 units, the LIHTC-funded affordable housing covers approximately 0.46% of the city's housing stock.
Middleton has received $213,621 in project tax credits from the LIHTC program for affordable housing. With one approximate project, this translates to an average federal funding of $213,621 per project and $6,283 per unit. The city holds 0.26% of Idaho's total state LIHTC funding.
The sole LIHTC project in Middleton, Mill Creek Commons, was completed in 2004. This project has provided affordable housing in the city for nearly two decades. The development includes 2 two-bedroom units and 14 three-bedroom units, indicating a focus on accommodating families.
Over the past decade, Middleton has experienced substantial population growth, increasing from 13,072 in 2013 to 19,485 in 2022. The median income has also risen from $59,371 in 2013 to $73,399 in 2022, suggesting an overall improvement in economic conditions for residents.
The racial composition of Middleton has remained relatively stable, with a slight decrease in the white population from 82% in 2013 to 78% in 2022. The Hispanic population has seen a modest increase from 10% to 14% during the same period. The city has maintained a small but consistent presence of Asian residents and those of two or more races.
Despite the population growth and rising median income, there have been no new LIHTC projects in Middleton since 2004. This could be due to various factors, including changes in local housing policies, shifts in funding priorities, or the possibility that other affordable housing programs are meeting the city's needs.
Middleton's LIHTC-funded affordable housing inventory, while limited to one project, provides 34 low-income units to the community. The city has experienced significant population growth and rising median incomes over the past decade. The percentage of LIHTC-funded housing is small compared to the estimated total housing stock. The demographic shifts, particularly the slight increase in racial diversity, may influence future affordable housing strategies in Middleton.
