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Affordable Housing in Midlothian, Texas: LIHTC Inventory Analysis
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Midlothian, Texas has experienced substantial growth in recent years. The city's Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory comprises 148 total units, all of which are designated as low-income units. This inventory represents approximately 0.89% of the city's estimated housing stock of 16,694 units.
Midlothian's LIHTC funded projects consist of two developments: Eastwood Apts and Terrace At Midtowne. Eastwood Apts, completed in 1988, marks the beginning of LIHTC funded affordable housing in the city. The more recent project, Terrace At Midtowne, was finished in 2013, indicating that affordable housing has been present in Midlothian for at least 25 years.
The 1980s saw the introduction of LIHTC funded affordable housing with the completion of Eastwood Apts, which provided 56 low-income units, including 16 one-bedroom and 4 two-bedroom apartments. In 2013, Terrace At Midtowne added 92 low-income units to the city's affordable housing stock.
Midlothian's population has grown significantly, increasing from 29,301 in 2013 to 43,572 in 2022. Despite this growth, no new LIHTC projects have been completed since 2013. The median income has risen from $88,310 in 2013 to $100,984 in 2022, potentially indicating a reduced need for affordable housing.
The racial composition of Midlothian has become more diverse over the past decade. The percentage of white residents decreased from 82% in 2013 to 68% in 2022, while the Hispanic population increased from 12% to 17%, and the Black population grew from 4% to 10%. These demographic changes may influence future affordable housing needs.
Midlothian's LIHTC funded affordable housing inventory represents a small fraction of the city's estimated housing stock. The city has not seen new LIHTC projects in the last decade, despite significant population growth and demographic changes. The rising median income may suggest a reduced need for affordable housing, but the increasing diversity in the population could potentially influence future housing needs. Ongoing monitoring of demographic trends and housing affordability will be essential for addressing the city's evolving housing requirements.
