Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
North Town Fork Creek, a neighborhood in Kansas City, Missouri, has a limited Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 5 total units in LIHTC-funded projects, all of which are designated as low-income units. Based on the 2022 population of 4,006 and using the national average household size of 2.61, the estimated number of housing units in the neighborhood is approximately 1,535. The LIHTC-funded affordable housing comprises about 0.33% of the estimated housing inventory, indicating a minimal proportion of affordable housing through this specific program in the area.
The neighborhood has experienced LIHTC-funded affordable housing development over several years. The earliest project was completed in 1988 at 3003 E 51st St, while the most recent dated project was in 1994 at 3670 E 59th St. This indicates at least a six-year span of LIHTC development activity in North Town Fork Creek. The 1990s appear to be the decade with the most LIHTC project completions, with two projects finished during this period. These include the aforementioned 3670 E 59th St (1994) and 5018-20 Walrond (1992).
Regarding unit types, the neighborhood's LIHTC inventory includes one two-bedroom unit, two three-bedroom units, and two four-bedroom units. This distribution suggests a focus on housing for families or larger households.
Over the past decade, North Town Fork Creek has experienced some demographic shifts. The population has remained relatively stable, fluctuating between 3,805 and 4,429 residents. Median income has shown an overall upward trend, increasing from $21,925 in 2013 to $31,555 in 2022, representing a 43.9% increase over this period.
Racial composition has remained predominantly Black, with the percentage ranging from 84% to 94% over the past decade. There has been a slight increase in racial diversity, with small increases in Hispanic and white populations, and a consistent presence of residents identifying as two or more races.
The absence of new LIHTC projects in the last decade may be related to the rising median income in the area, which might have reduced the perceived need for additional low-income housing through this specific program. However, it is important to note that other affordable housing programs not captured in this data might be addressing housing needs in the neighborhood.
North Town Fork Creek's LIHTC-funded affordable housing inventory is small relative to its estimated housing stock, covering only about 0.33% of units. The existing LIHTC units are primarily larger units suitable for families. While LIHTC development was active in the late 1980s and early 1990s, there have been no new projects recorded in recent years. This coincides with a period of rising median incomes and relatively stable population levels. The neighborhood remains predominantly Black, with slight increases in racial diversity over the past decade. These demographic trends may have influenced the perceived need for additional LIHTC-funded housing in recent years, though other affordable housing initiatives not captured in this data may be addressing community needs.