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Affordable Housing in Pitcairn: LIHTC's Impact on a Changing Community
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Pitcairn, located in Pennsylvania, has a Low-Income Housing Tax Credit (LIHTC) program that supports its affordable housing landscape. The LIHTC-funded affordable housing inventory in the city comprises 72 units, all of which are designated as low-income units. These units represent approximately 6.1% of the city's estimated housing inventory of 1,182 units.
The borough has received $92,741 in project tax credits through the LIHTC program. With one project, this translates to an average federal funding of $92,741 per project and $1,288 per unit. Pitcairn holds 0.02% of the total state LIHTC funding, indicating a relatively small share of Pennsylvania's affordable housing allocation.
The sole LIHTC-funded project in Pitcairn is Broadview Manor Apartments, completed in 2008. This project marks the beginning of LIHTC-supported affordable housing in the city, representing over a decade of affordable housing presence. All 72 units in the LIHTC-funded project are one-bedroom apartments, suggesting a focus on housing for individuals or small households.
Pitcairn has experienced a steady decline in population over the past decade, from 3,338 in 2010 to 3,084 in 2022. The median income has fluctuated, with the most recent data showing $37,410 in 2022, an increase from previous years but still relatively low.
The racial composition of Pitcairn has undergone notable changes. The percentage of white residents has decreased from 80% in 2013 to 63% in 2022, while the Black population has increased from 16% to 25% during the same period. The Hispanic population has remained relatively stable at around 4-5% in recent years.
These demographic shifts, particularly the declining population and changes in racial composition, may influence the need for affordable housing in the community. The relatively low median income suggests an ongoing need for affordable housing options.
Pitcairn's LIHTC-funded affordable housing, while modest in scale, plays a role in addressing the community's housing needs. The single project, Broadview Manor Apartments, provides 72 one-bedroom units, contributing to about 6.1% of the estimated housing stock. The demographic trends, including population decline and changes in racial composition, coupled with fluctuating but generally low median incomes, underscore the importance of maintaining and potentially expanding affordable housing options in the borough.
