Loading Content...
Affordable Housing in New Haven's Hill Neighborhood: LIHTC Impact and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Hill neighborhood in New Haven, Connecticut, contains Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory comprises 98 total units, with 71 designated as low-income units. Based on the estimated 6,868 housing units in the neighborhood, LIHTC funded affordable housing represents approximately 1.4% of the neighborhood's housing stock.
The Hill neighborhood has experienced LIHTC project development over several decades. The earliest recorded project, Rosette Terrace, was completed in 1988, while Casa Familia was completed in 2005. This indicates that affordable housing has been present in the neighborhood for at least 17 years. The 1990s saw the completion of Hill Housing Rehabilitation - Hill Housing Development in 1998, suggesting a consistent effort to provide affordable housing options in the area.
The LIHTC funded projects in the Hill neighborhood offer various unit sizes. The inventory includes 1 one-bedroom unit, 39 two-bedroom units, 15 three-bedroom units, and 4 four-bedroom units. This distribution indicates a focus on accommodating families of various sizes within the affordable housing stock.
Over the past decade, the Hill neighborhood has experienced demographic shifts. The population has grown from 16,158 in 2013 to 17,926 in 2022, indicating an increasing demand for housing. Median income has also risen from $30,473 in 2013 to $40,881 in 2022, which may impact the need for affordable housing.
Racial demographics have shown changes as well. The Hispanic population has increased from 42% in 2013 to 48% in 2022, while the Black population has decreased from 35% to 23% during the same period. The White population has seen an increase from 16% to 21%. These shifts in racial composition may influence the diverse needs for affordable housing in the neighborhood.
The Hill neighborhood in New Haven has an established LIHTC funded affordable housing presence, with projects dating back to the late 1980s. While the current LIHTC inventory covers a small percentage of the estimated housing units, it provides options for low-income residents, particularly families requiring two or three-bedroom units. The neighborhood has experienced population growth and increases in median income over the past decade, along with shifts in racial demographics. These changes may influence future affordable housing needs and development in the area. Further research into other affordable housing programs and local housing policies would provide a more comprehensive understanding of the neighborhood's overall affordable housing landscape.
