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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
North Heights, a neighborhood in Youngstown, Ohio, has a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory consists of 95 total units, with 41 designated as low-income units. Based on the 2022 population of 6,625 and an estimated 2,538 housing units, the LIHTC funded affordable housing covers approximately 3.74% of the neighborhood's estimated housing inventory.
LIHTC funded affordable housing has been present in North Heights for over three decades. The first project, Crim Apts, was completed in 1988, while the most recent addition, Heritage Apts, was finished in 2008. This 20-year span demonstrates a long-term commitment to providing affordable housing options in the neighborhood.
The 2000s saw the most significant development in affordable housing, with Heritage Apts contributing 60 units to the neighborhood's inventory. This project notably increased the variety of unit types available, offering 15 efficiencies, 44 one-bedroom units, and 1 two-bedroom unit. In contrast, the earlier Crim Apts projects focused solely on providing 35 units, though the specific unit types are not specified.
Over the past decade, North Heights has experienced some demographic shifts that may correlate with its LIHTC funded housing inventory. The neighborhood's population has remained relatively stable, with a slight decrease from 6,194 in 2015 to 6,625 in 2022. Median income has fluctuated, peaking at $47,035 in 2016 before declining to $34,940 in 2022. This trend suggests a potential increase in the need for affordable housing options.
Racial demographics have also shifted, with the Black population decreasing from 50% in 2015 to 42% in 2022, while the percentage of residents identifying as two or more races increased from 3% to 13% during the same period. The White population has remained relatively stable, moving from 41% to 39%. These changes in racial composition may influence the diverse housing needs of the community.
North Heights' LIHTC funded affordable housing inventory, while modest in scale, has been a consistent presence in the neighborhood for over 30 years. The most recent development in 2008 significantly expanded the variety of unit types available, potentially addressing diverse housing needs within the community. While demographic shifts over the past decade suggest ongoing changes in the neighborhood's composition and economic status, the existing LIHTC projects continue to play a role in providing affordable housing options for residents. Further analysis of other affordable housing programs and initiatives would be necessary to fully assess how well the neighborhood's overall affordable housing stock meets the needs of its population.