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Affordable Housing in Pine Hills: Two Decades of LIHTC Implementation
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Pine Hills, located in Florida, has a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The city has 1,789 total units in LIHTC funded projects, with 1,312 of these designated as low-income units. Based on the estimated housing inventory of 27,698 units, LIHTC funded affordable housing comprises approximately 6.5% of the city's housing stock.
Pine Hills has 9 LIHTC funded projects. The city's LIHTC program has been active for nearly two decades, with the earliest recorded project, Silver Pines Apts, completed in 1995, and the most recent, Emerald Villas, finished in 2012. This indicates a long-term commitment to affordable housing in the area.
The 2000s saw the most affordable housing activity, with projects like Seminole Ridge, Woodridge - Orlando, Silver Hills Apts, and Alta Westgate being completed during this decade. The housing mix in LIHTC funded projects includes 91 one-bedroom units, 547 two-bedroom units, 479 three-bedroom units, and 24 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes, with an emphasis on two and three-bedroom units.
Over the past decade, Pine Hills has experienced fluctuations in its population. The population peaked at 94,802 in 2019 and has since decreased to 72,291 in 2022. Despite these changes, the median income has shown an overall upward trend, rising from $35,583 in 2013 to $43,452 in 2022. This increase in median income may indicate a changing economic landscape in the city.
The most recent racial demographic data from 2014 showed a predominantly Black population (75%), followed by Hispanic (13%) and White (8%) residents. This diverse demographic makeup may influence the need for culturally sensitive affordable housing solutions.
Pine Hills's LIHTC funded affordable housing inventory represents a significant portion of the city's housing stock, covering approximately 6.5% of the estimated total units. The city has maintained a consistent commitment to affordable housing development over nearly two decades, with a focus on family-sized units. While the population has fluctuated in recent years, the rising median income suggests evolving economic conditions that may impact future affordable housing needs. The diverse racial composition of the city underscores the importance of inclusive housing policies and development strategies.
