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Affordable Housing in Skinker-DeBaliviere: LIHTC Projects and Demographic Shifts
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Skinker-DeBaliviere, a neighborhood in St. Louis, Missouri, has a notable affordable housing presence through the Low-Income Housing Tax Credit (LIHTC) program. The LIHTC-funded affordable housing inventory in this area comprises 122 total units, with 113 designated as low-income units. Based on the 2022 population of 6,813 and using the national average household size, the estimated housing units in the neighborhood are approximately 2,610. The LIHTC-funded affordable housing represents about 4.67% of the estimated housing inventory in Skinker-DeBaliviere.
The LIHTC program has invested $310,467 in tax credits for affordable housing projects in this neighborhood. This investment translates to an average federal funding of $2,545 per unit across all LIHTC-funded projects. The neighborhood has had LIHTC-funded affordable housing for at least 15 years, with the earliest project, "5855 Washington Blvd," completed in 1989, and the most recent, "Winter Garden Apts," in 2004. The 2000s decade saw the completion of the largest LIHTC-funded project in the area.
The affordable housing inventory in Skinker-DeBaliviere primarily consists of one-bedroom and two-bedroom units. There are 98 one-bedroom units, 22 two-bedroom units, and 2 four-bedroom units. This distribution indicates a focus on accommodating smaller households and families within the affordable housing stock.
Skinker-DeBaliviere has experienced significant demographic changes over the past decade. The population has increased from 5,526 in 2019 to 6,813 in 2022, indicating substantial growth. Median income has also risen considerably, from $68,580 in 2019 to $91,200 in 2022, suggesting economic improvement in the area.
Racial demographics in the neighborhood have evolved. The white population has remained relatively stable at 58% from 2020 to 2022. However, the Black population has decreased from 23% in 2020 to 18% in 2022, while the Asian population has increased from 8% to 16% during the same period. The Hispanic population has remained consistent at around 6-7%.
Despite these demographic changes, no new LIHTC projects have been recorded in the last decade. This lack of new projects could be attributed to the rising median income, which may have reduced the perceived need for additional affordable housing units in recent years.
Skinker-DeBaliviere's LIHTC-funded affordable housing inventory represents a small but significant portion of its estimated housing stock. The neighborhood has seen two LIHTC projects completed between 1989 and 2004, providing 113 low-income units. While the area has experienced population growth and increased median income over the past decade, along with shifts in racial demographics, no new LIHTC projects have been recorded recently. This analysis provides insight into the affordable housing landscape of Skinker-DeBaliviere and its evolution in relation to demographic trends.
