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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Normal Heights, a neighborhood in San Diego, California, has one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project. This project contributes 53 total units to the area's housing inventory, with 52 designated as low-income units. Based on an estimated housing inventory of 3,825 units, LIHTC-funded affordable housing comprises approximately 1.39% of the neighborhood's housing stock.
The LIHTC program has invested $1,329,269 in tax credits for affordable housing in Normal Heights. This investment equates to an average federal funding of about $25,080 per unit in the LIHTC-funded project. The sole LIHTC project in the neighborhood, "The Lofts At Normal Heights," was completed in 2019, marking the inception of LIHTC-funded affordable housing in the area.
The Lofts At Normal Heights offers a diverse mix of unit types to accommodate various household sizes. The project consists of 32 efficiencies, 2 one-bedroom units, and 1 two-bedroom unit. This distribution indicates a focus on accommodating smaller households and individuals.
Normal Heights has experienced demographic shifts over the past decade. The population has remained relatively stable, increasing slightly from 9,454 in 2016 to 9,982 in 2022. Median income has shown a significant upward trend, rising from $52,761 in 2016 to $68,057 in 2022, representing a 29% increase.
Racial distribution in the neighborhood has remained fairly consistent, with minor fluctuations. The White population has increased slightly from 38% in 2016 to 43% in 2022. The Hispanic population has maintained a steady presence, accounting for 37% of the population in 2022. The Black population has decreased from 15% in 2016 to 9% in 2022, while the Asian population has remained stable at around 5%.
The introduction of the LIHTC project in 2019 coincides with a period of rising median income in the neighborhood. This suggests that the affordable housing project may have been implemented to help maintain economic diversity and provide housing options for lower-income residents in an area experiencing income growth.
Normal Heights has a single LIHTC-funded affordable housing project, contributing 53 units to the neighborhood's housing inventory. While this represents a small percentage of the estimated total housing stock, it provides affordable options in an area that has seen rising median incomes over the past decade. The project's focus on efficiency and smaller units aligns with the needs of smaller households. As the neighborhood continues to evolve, monitoring the balance between affordable housing and market-rate units will be important for maintaining a diverse and inclusive community.