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Affordable Housing in North Braddock: Three Decades of LIHTC Development
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
North Braddock, located in Pennsylvania, has a history of affordable housing development through the Low-Income Housing Tax Credit (LIHTC) program. The city has 32 LIHTC-funded affordable housing units, all designated as low-income units. Based on the estimated housing inventory of approximately 1,655 units, LIHTC-funded affordable housing covers about 1.93% of the city's housing stock.
The city has received $247,406 in project tax credits for affordable housing development through the LIHTC program. With four projects, this translates to an average federal funding of $61,851.50 per project and $7,731.44 per unit. North Braddock holds 0.04% of the total state LIHTC funding, indicating a small but notable contribution to Pennsylvania's affordable housing efforts.
Affordable housing has been present in North Braddock for over three decades. The first LIHTC project, "509 Ann St," was completed in 1989, while the most recent project, "North Braddock/East Pittsburgh," was completed in 2003. The 1990s saw the most affordable housing development activity, with three projects completed during this decade: "509 Ann St" (1989), "Shady Park Townhouses" (1992), and "Shady Park Apts Phase II" (1995).
The LIHTC-funded housing in North Braddock consists primarily of one-bedroom and two-bedroom units. There are 5 one-bedroom units, 17 two-bedroom units, and 1 three-bedroom unit. This distribution suggests a focus on accommodating smaller households and families.
Demographic trends over the last decade reveal some patterns. The population of North Braddock has been declining, from 4,741 in 2019 to 4,320 in 2022. Despite this population decrease, the median income has shown an overall upward trend, rising from $32,714 in 2019 to $34,768 in 2022, with a peak of $37,800 in 2021.
Racial demographics have remained relatively stable over the past decade. The Black population has slightly increased from 44% in 2013 to 46% in 2022, while the White population has decreased from 50% to 42% during the same period. The Hispanic population has remained consistently low, around 1-2%.
In summary, North Braddock has maintained a modest LIHTC-funded affordable housing inventory for over three decades. While the percentage of LIHTC units relative to the total housing stock is low, it represents a consistent commitment to affordable housing. The demographic trends, including a declining population but increasing median income, may influence future affordable housing needs and development in the area.
