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Affordable Housing in Pendleton Heights: LIHTC Projects and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Pendleton Heights, a neighborhood in Kansas City, Missouri, has a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory consists of 63 total units, with 57 of these designated as low-income units. Based on the 2022 population of 5,418 and using the national average household size of 2.61, the estimated number of housing units in the neighborhood is approximately 2,076. The LIHTC funded affordable housing covers about 3% of the estimated housing inventory in Pendleton Heights.
The LIHTC projects in Pendleton Heights have received $295,000 in tax credits. With 63 total units, this translates to an average federal funding of approximately $4,683 per unit. The neighborhood has seen LIHTC projects spanning two decades, with the first project, Pendleton Heights/Benton Blvd, completed in 1997, and the most recent, Pendleton Flats, finished in 2017. This 20-year span demonstrates a long-term commitment to affordable housing in the area.
The 1990s and 2010s each saw one LIHTC project completed. The inventory includes a mix of one-bedroom and two-bedroom units, with 9 one-bedroom and 54 two-bedroom units in total. Notably, Pendleton Flats, completed in 2017, targets the handicapped population, indicating a focus on accessibility and specialized housing needs.
Over the last decade, Pendleton Heights has experienced demographic shifts. The population has remained relatively stable, fluctuating between 5,200 and 6,000 residents. Median income has shown a significant increase, rising from $18,891 in 2015 to $29,495 in 2022, potentially indicating improving economic conditions for residents.
Racial demographics have also evolved. The Black population has remained the largest group, consistently representing around 47-54% of residents. The White population has seen an increase from 21% in 2017 to 33% in 2022. The Hispanic population has remained relatively stable at 15-17% over the past few years. The completion of Pendleton Flats in 2017 aligns with a period of relative demographic stability, suggesting a response to ongoing affordable housing needs in the neighborhood.
Pendleton Heights demonstrates a sustained commitment to affordable housing through its LIHTC projects. While these projects cover a small percentage of the estimated housing inventory, they provide crucial low-income units. The neighborhood has seen demographic shifts, including rising median incomes and changes in racial composition, which may influence future affordable housing needs. The focus on handicapped-accessible housing in the most recent project indicates attention to diverse housing requirements within the community.
