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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Pioneer neighborhood in Irving, Texas, features a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. With 285 total units in LIHTC-funded projects, including 123 designated as low-income units, these developments constitute approximately 8.8% of the estimated 3,251 housing units in the neighborhood. This estimation is based on the 2022 population of 8,484 and the national average household size.
LIHTC-funded affordable housing has been a part of the Pioneer neighborhood since the early 1990s. The first projects, Zachary Place Apartments and Oak Park Apartments, were completed in 1991, followed by Cloverleaf Apartments in 1992. This indicates that affordable housing has been an integral component of the neighborhood for over three decades.
The LIHTC-funded projects in the Pioneer neighborhood offer a diverse range of unit types. The 285 total units comprise 49 efficiencies, 135 one-bedroom units, 89 two-bedroom units, 10 three-bedroom units, and 2 four-bedroom units. This distribution accommodates various household sizes and needs within the community.
Over the past decade, the Pioneer neighborhood has experienced demographic changes. The population has remained relatively stable, fluctuating between 7,300 and 8,600 residents. The median income has increased from $44,153 in 2013 to $50,140 in 2022, suggesting a gradual improvement in economic conditions.
Race distribution trends indicate a growing Hispanic population, which increased from 66% in 2013 to 72% in 2022. Conversely, the white population decreased from 28% to 20% during the same period. The Asian and Black populations have remained relatively stable at approximately 2-4% each.
Although no new LIHTC projects have been developed in the last decade, the demographic data suggests a continued need for affordable housing. The increasing median income and growing Hispanic population may indicate changing housing needs that could be addressed through future affordable housing initiatives.
The Pioneer neighborhood in Irving, Texas, has a substantial LIHTC-funded affordable housing presence, with 285 total units representing about 8.8% of the estimated housing inventory. These projects, all completed in the early 1990s, provide a range of unit types to accommodate diverse household needs. Over the past decade, the neighborhood has experienced demographic shifts, including a growing Hispanic population and increasing median income. While no new LIHTC projects have been developed recently, the changing demographics suggest an ongoing need for affordable housing options in the area.