Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Orchard Breeze, a neighborhood in Wichita, Kansas, has a population of 3,820 as of 2022. This area features Low-Income Housing Tax Credit (LIHTC) funded affordable housing, with a total of 15 units, all of which are designated as low-income units. Based on the estimated housing inventory of approximately 1,464 units, the LIHTC funded affordable housing covers about 1.02% of the neighborhood's housing stock.
The LIHTC program has invested $126,863 in tax credits for affordable housing in Orchard Breeze. This translates to an average federal funding of $8,458 per unit. The neighborhood's LIHTC funded affordable housing inventory consists of one project, Kouri Place Apartments, completed in 2005. This project has been providing affordable housing options in the area for over 15 years.
The Kouri Place Apartments offers a mix of unit sizes, with 12 one-bedroom units and 3 two-bedroom units. This distribution suggests a focus on smaller household sizes, potentially catering to individuals, couples, or small families.
Over the past decade, Orchard Breeze has experienced some demographic shifts. The population has grown from 3,550 in 2019 to 3,820 in 2022, indicating a moderate increase in residents. Median income has also risen, from $41,495 in 2019 to $47,297 in 2022, suggesting improving economic conditions for some residents.
Racial distribution in the neighborhood has remained relatively stable, with the white population representing the majority (69% in 2022), followed by Hispanic residents (20% in 2022). There has been a slight increase in racial diversity over the years, with small percentages of Black, Asian, and multiracial residents.
Despite these demographic changes, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including the existing affordable housing stock meeting current needs or shifts in local housing policies and priorities.
Orchard Breeze's LIHTC funded affordable housing inventory, while modest in size, has been a consistent presence in the neighborhood since 2005. The Kouri Place Apartments project provides 15 low-income units, primarily consisting of one-bedroom apartments. While this represents a small percentage of the estimated housing stock, it is important to note that other affordable housing programs may also be present in the area.
The neighborhood has seen population growth and increasing median incomes over the past decade, along with slight shifts in racial diversity. These demographic changes, coupled with the lack of new LIHTC developments in recent years, suggest a complex interplay between housing needs, economic conditions, and policy decisions in Orchard Breeze.