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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Sells, an Arizona community, has a unique affordable housing landscape. The city has one Low-Income Housing Tax Credit (LIHTC) funded project, providing 40 affordable housing units, including 4 designated low-income units. Based on the 2022 population of 1,984 and an estimated 760 housing units, the LIHTC-funded affordable housing covers approximately 5.3% of the city's estimated housing inventory.
The LIHTC program has contributed $491,776 in tax credits to Sells for affordable housing development. This translates to an average federal funding of $491,776 per project and $12,294 per unit. Sells's LIHTC funding represents 0.24% of Arizona's total state LIHTC allocation.
The sole LIHTC-funded project in Sells is Toka Homes I, completed in 2015. This project marks the beginning of LIHTC-funded affordable housing in the city. Toka Homes I consists of 40 units, including 9 two-bedroom, 18 three-bedroom, and 13 four-bedroom units, catering to various family sizes within the community.
Over the past decade, Sells has experienced fluctuations in its population, with an increase from 1,177 in 2013 to 1,984 in 2022. This growth may have contributed to the need for affordable housing, leading to the development of Toka Homes I in 2015.
The median income in Sells has shown a steady increase, rising from $26,817 in 2013 to $41,403 in 2022. Despite this growth, the continued need for affordable housing is evident, as many residents may still fall within income brackets eligible for LIHTC housing.
Racial demographics in Sells have remained relatively stable, with Native Americans consistently comprising the majority of the population. In 2022, 86% of residents identified as Native American, followed by 6% White and 4% Hispanic. This demographic composition may influence the design and implementation of affordable housing initiatives to meet the specific needs of the community.
Sells's affordable housing landscape is characterized by a single LIHTC-funded project, Toka Homes I, which provides 40 units of affordable housing. While this project covers approximately 5.3% of the estimated housing inventory, it represents a significant step in addressing affordable housing needs in the community. The city's demographic trends, including population growth and increasing median income, suggest an ongoing need for affordable housing options. The high proportion of Native American residents also highlights the importance of culturally sensitive housing solutions in Sells.