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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Northeast Anaheim, a neighborhood in Anaheim, California, has a population of 87,695 as of 2022. The area has one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project, providing 72 total units, with 71 designated as low-income units. Based on the estimated housing inventory of 33,600 units, LIHTC-funded affordable housing covers approximately 0.21% of the neighborhood's housing stock.
The LIHTC program has invested $1,902,743 in tax credits for affordable housing in Northeast Anaheim. This translates to an average federal funding of about $26,427 per unit. The sole LIHTC project in the neighborhood, Lincoln Anaheim Phase I, was completed in 2010, marking over a decade of affordable housing presence in the area.
The project consists of 49 two-bedroom units and 23 three-bedroom units, catering to various family sizes. This composition suggests a focus on accommodating families with children or multigenerational households.
Over the past decade, Northeast Anaheim has experienced modest population growth, increasing from 86,643 in 2013 to 87,695 in 2022. The median income has risen from $87,820 in 2013 to $102,607 in 2022, indicating overall economic improvement in the neighborhood.
Racial demographics have remained relatively stable, with a slight increase in the Asian population (from 12% to 15%) and a marginal decrease in the White population (from 35% to 32%). The Hispanic population has consistently represented about half of the neighborhood's residents, ranging from 48% to 50% over the decade.
The completion of the LIHTC project in 2010 predates the available demographic data, making it challenging to directly correlate its impact with population changes. However, the rising median income and stable racial composition suggest that the neighborhood has maintained its diversity while experiencing economic growth.
Northeast Anaheim's LIHTC-funded affordable housing, while limited to one project, provides 72 units of affordable housing. The project's focus on two- and three-bedroom units addresses the needs of families in the area. Despite the rising median income, the consistent presence of a large Hispanic population and the overall population growth indicate a continued need for affordable housing options. The LIHTC project, completed in 2010, represents a small but important contribution to the neighborhood's housing diversity, though it covers only a fraction of the estimated housing inventory.