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Affordable Housing in Mission San Jose: LIHTC Impact on a Historic San Antonio Neighborhood
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Mission San Jose, a historic neighborhood in San Antonio, Texas, is notable for its association with the San Antonio Missions National Historical Park and its significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The neighborhood contains 170 LIHTC-funded units, all designated as low-income. These units represent approximately 9.6% of the estimated 1,772 total housing units in the area, indicating a substantial contribution to affordable housing options, although falling short of the 15-20% range considered ideal for a well-balanced community.
The LIHTC program has invested $1,242,595 in tax credits for affordable housing projects in Mission San Jose. This investment equates to an average federal funding of $7,309 per unit. The neighborhood's LIHTC-funded housing development spans from 1988, with the completion of Dineen Arms, to 2012, with La Posada Del Rey Apts. This 24-year period demonstrates a long-term commitment to providing affordable housing in the area.
The 2000s witnessed the most significant LIHTC-funded affordable housing development activity, with projects such as San Jose Apts (2007) and La Posada Del Rey Apts (2012) being completed. The unit distribution in these projects includes 33 one-bedroom, 74 two-bedroom, and 63 three-bedroom units, suggesting an effort to accommodate diverse household sizes.
Mission San Jose's population has shown an overall increase from 3,966 residents in 2013 to 4,625 in 2022. During this period, the median income rose from $30,387 to $39,356, indicating improved economic conditions. The neighborhood's racial composition has remained predominantly Hispanic, with a slight increase in the white population from 9% in 2013 to 21% in 2022. This demographic stability suggests that LIHTC projects have consistently served the local community's needs.
The absence of new LIHTC projects in recent years may be attributed to the rising median income, potentially reducing the perceived need for additional affordable housing units. However, the median income remains relatively low compared to national averages, suggesting an ongoing need for affordable housing options.
In summary, Mission San Jose's LIHTC-funded affordable housing inventory significantly addresses the neighborhood's housing needs, covering nearly 10% of the estimated housing stock. The area has demonstrated a consistent commitment to affordable housing development over several decades, with diverse unit sizes accommodating various household types. While demographic trends indicate some economic improvement, the persistent low median income suggests a continued need for affordable housing options in this historic San Antonio neighborhood.
