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Affordable Housing in Northern Cambria: A Single LIHTC Project's Impact
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Northern Cambria, located in Pennsylvania, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory consisting of 11 total units, all of which are designated as low-income units. Based on the 2022 population of 4,245 and the national average household size, the estimated housing inventory for the city is approximately 1,626 units. The LIHTC funded affordable housing covers about 0.68% of the estimated housing units in the city.
The city has received $58,045 in project tax credits from the LIHTC program for affordable housing. With one approximate project, this translates to an average federal funding of $58,045 per project and $5,277 per unit. Northern Cambria holds 0.01% of the total state funding for LIHTC projects in Pennsylvania.
The only LIHTC funded project in Northern Cambria is Crawford Commons, which was completed in 1996. This project has been providing affordable housing in the city for over 25 years. All 11 units in the project are one-bedroom apartments, catering to individuals or small households.
Over the past decade, Northern Cambria has experienced a steady decline in population, from 4,785 in 2013 to 4,245 in 2022. The median income has fluctuated, peaking at $47,330 in 2018 before decreasing to $41,502 in 2022. The racial composition of the city has remained predominantly white, with a slight increase in Asian population and individuals identifying as two or more races in recent years.
Despite the population decline and fluctuations in median income, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including changes in housing needs or the availability of other affordable housing programs.
Northern Cambria's LIHTC funded affordable housing inventory consists of a single project, Crawford Commons, providing 11 one-bedroom units for low-income residents. While this project covers a small percentage of the estimated housing inventory, it has been serving the community for over two decades. The city's demographic trends show a declining population and fluctuating median income, which may influence future affordable housing needs and development.
