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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Mountainville, a neighborhood in Allentown, Pennsylvania, has one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project. This project, Mountainville Manor, provides 20 affordable units, including 2 low-income units. Based on the 2022 population of 19,229 and using the national average household size, the estimated housing inventory for the neighborhood is approximately 7,367 units. The LIHTC-funded affordable housing comprises about 0.27% of the estimated housing inventory in Mountainville.
The LIHTC program has provided $114,999 in tax credits for affordable housing in Mountainville. This equates to an average federal funding of $5,750 per unit in the LIHTC-funded project. Mountainville Manor, completed in 1999, is the only LIHTC project in the neighborhood. This indicates that affordable housing through the LIHTC program has been present in Mountainville for over two decades.
The project consists of 20 total units, including 1 efficiency and 19 one-bedroom units. This unit distribution suggests a focus on housing for individuals or small households. The project does not have a specified target population, indicating it may serve a general low-income demographic.
Over the past decade, Mountainville has experienced demographic shifts. The population has remained relatively stable, with a slight increase from 18,950 in 2016 to 19,229 in 2022. Median income has shown an upward trend, rising from $47,532 in 2016 to $56,504 in 2022, representing an increase of about 18.9%.
Racial demographics have also changed. The Hispanic population has grown from 41% in 2016 to 48% in 2022, while the white population has decreased from 43% to 33% during the same period. The Black population has remained relatively stable at around 10%, and there has been a slight increase in the Asian population from 2% to 5%.
Despite these demographic changes, there have been no new LIHTC projects in Mountainville over the past decade. This could be due to various factors, such as changes in local housing policies, availability of other affordable housing programs, or shifts in funding priorities.
Mountainville's affordable housing landscape, as supported by the LIHTC program, is characterized by a single project completed over two decades ago. This project, while providing 20 affordable units, represents a small fraction of the neighborhood's estimated housing inventory. The demographic trends over the past decade show a growing Hispanic population, increasing median income, and a decrease in the white population. Despite these changes, there has been no recent expansion of LIHTC-funded affordable housing in the neighborhood. This analysis provides a snapshot of LIHTC's contribution to affordable housing in Mountainville, though other affordable housing programs not captured in this data may also be serving the community's needs.