Loading Content...
Affordable Housing in North Tampa: LIHTC Inventory 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
North Tampa, a neighborhood in Tampa, Florida, has a limited Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 6 total affordable units, all designated as low-income units. Based on the 2022 population of 12,753 and using the national average household size of 2.61, there are approximately 4,886 housing units in the neighborhood. The LIHTC funded affordable housing covers about 0.12% of the estimated housing inventory in North Tampa, indicating a very small proportion of affordable housing through this program.
North Tampa has three LIHTC funded projects: Hassinger Properties Phase E, Twelfth Street Duplex, and Linebough Duplex. The earliest known completion date for these projects is 1992, with Hassinger Properties Phase E being built that year. This suggests that affordable housing through the LIHTC program has been present in the neighborhood for at least three decades.
The available data shows that out of the 6 total units, there is at least one two-bedroom unit and one three-bedroom unit. This limited information suggests some variety in unit sizes, potentially accommodating different household compositions.
Over the past decade, North Tampa has experienced demographic shifts. The population has grown from 10,333 in 2013 to 12,753 in 2022, an increase of about 23%. The median income has also risen, from $21,870 in 2013 to $27,184 in 2022, representing a 24% increase.
Racial demographics have also changed notably. The Black population decreased from 47% in 2013 to 36% in 2022, while the Hispanic population increased from 28% to 41% during the same period. The White population saw a slight decrease from 20% to 16%.
Despite these demographic changes and population growth, there has not been a corresponding increase in LIHTC funded affordable housing units in the neighborhood. This could suggest that other affordable housing programs might be addressing the needs of the growing population, or that there may be a need for additional affordable housing options in the area.
North Tampa has a small inventory of LIHTC funded affordable housing, with only 6 units across three projects. The earliest known project dates back to 1992, indicating a long-standing, albeit limited, presence of this type of affordable housing in the neighborhood. Over the past decade, the area has seen significant population growth, increases in median income, and shifts in racial demographics, particularly with a rise in the Hispanic population. Despite these changes, the LIHTC funded affordable housing inventory appears to have remained static, covering only a small fraction of the estimated housing units in the neighborhood. This analysis provides a snapshot of the LIHTC program's contribution to affordable housing in North Tampa, though other affordable housing initiatives may also be present in the area.
