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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Pueblo Park, a neighborhood in Napa, California, features a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood contains 355 total units in LIHTC funded projects, with 351 designated as low-income units. This inventory of affordable housing addresses community housing needs.
Based on the 2022 population of 6,565 and the national average household size of 2.61, Pueblo Park is estimated to have approximately 2,515 housing units. The LIHTC funded affordable housing units represent about 14.1% of this estimated housing inventory, aligning with the 15-20% target for a well-balanced community.
The LIHTC program has invested significantly in Pueblo Park, with project tax credits totaling $726,400. This equates to an average federal funding of about $2,046 per unit in LIHTC funded projects, demonstrating a substantial commitment to affordable housing in the area.
The neighborhood's LIHTC funded housing stock includes 206 efficiencies, 141 one-bedroom units, and 8 two-bedroom units. This distribution suggests a focus on accommodating smaller households and individuals. The sole LIHTC project in Pueblo Park, Rohlffs Concordia Manor, was completed in 2010, providing affordable housing options to the community for over a decade.
Analyzing demographic trends over the past decade reveals patterns related to the LIHTC project. The population in Pueblo Park has remained relatively stable, fluctuating between 6,500 and 7,000 residents. Median income has shown volatility, ranging from about $63,000 to $76,000, with the most recent data point in 2022 at $63,108.
The racial distribution in the neighborhood has maintained a consistent composition. The White population has remained the majority, consistently representing about 53-56% of residents. The Hispanic population, the second-largest group, has slightly decreased from 43% in 2013 to 42% in 2022. Other racial groups, including Asian, Black, Native American, and multiracial residents, have maintained small but steady representations.
The stability in population and racial composition, coupled with fluctuations in median income, suggests that the LIHTC project has played a role in maintaining housing affordability and potentially supporting economic diversity within the neighborhood.
Pueblo Park's LIHTC funded affordable housing inventory represents a significant portion of its estimated housing stock, closely aligning with recommended targets for balanced communities. The single LIHTC project, completed in 2010, offers a mix of unit types, primarily catering to smaller households. The demographic trends over the past decade indicate a stable population with some income fluctuations, suggesting that the LIHTC project may have contributed to maintaining housing affordability and community stability in Pueblo Park.