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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Ruskin Hills, a neighborhood in Kansas City, Missouri, demonstrates a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory comprises 464 total units, with 255 designated as low-income units. This represents approximately 37.3% of the neighborhood's estimated 1,245 housing units, indicating a substantial contribution to affordable housing needs.
The LIHTC program has provided $352,244 in tax credits for affordable housing projects in Ruskin Hills. This amount translates to an average federal funding of approximately $759 per unit across all LIHTC-funded projects in the neighborhood. Affordable housing has been a consistent feature of Ruskin Hills for over three decades, with the first LIHTC project, Bridgeport Apts, completed in 1989 and the most recent project, Bridgeport, completed in 2005.
LIHTC-funded projects in Ruskin Hills primarily consist of one-bedroom and two-bedroom units. There are 192 one-bedroom units and 272 two-bedroom units across the LIHTC projects. This distribution suggests a focus on accommodating small families and individual residents.
Ruskin Hills has experienced demographic shifts over the past decade. The population has grown from 2,624 in 2015 to 3,249 in 2022, indicating an increasing demand for housing. The median income has fluctuated, ranging from $39,485 in 2016 to $49,868 in 2021, before settling at $43,053 in 2022. This variability in income levels suggests an ongoing need for affordable housing options.
Racial demographics have remained relatively stable in Ruskin Hills. The Black population has consistently represented the majority, ranging from 66% to 75% of the neighborhood's population between 2013 and 2022. The White population has remained the second-largest group, typically representing 21-25% of residents during this period.
Ruskin Hills demonstrates a substantial commitment to affordable housing through its LIHTC-funded projects, which cover over a third of the estimated housing inventory. The neighborhood has maintained a consistent presence of affordable housing since the late 1980s, with a focus on one-bedroom and two-bedroom units. Despite fluctuations in median income and a growing population, the racial composition has remained relatively stable over the past decade. These demographic trends, coupled with the existing LIHTC inventory, suggest an ongoing need for affordable housing options in Ruskin Hills.