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Affordable Housing in St. Lawrence, Pennsylvania: A Single LIHTC Project's Impact
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
St. Lawrence in Pennsylvania exhibits a distinct affordable housing profile supported by the Low-Income Housing Tax Credit (LIHTC) program. The city's LIHTC-funded affordable housing inventory comprises 39 units, all designated as low-income. These units represent approximately 5.7% of the city's estimated 682 housing units.
St. Lawrence has received $174,325 in project tax credits through the LIHTC program. This funding supports one project, resulting in an average federal funding of $174,325 per project and $4,470 per unit. The city's share of the total state LIHTC funding is 0.03%, indicating a relatively small portion of Pennsylvania's affordable housing allocation.
The John F Lutz Apts, completed in 1996, is the sole LIHTC-funded project in St. Lawrence. This development has provided affordable housing in the city for over 25 years. It consists of 34 one-bedroom units and 5 two-bedroom units, primarily serving smaller households or individuals.
St. Lawrence's population has fluctuated over the past decade, peaking at 2,060 residents in 2018 and declining to 1,780 by 2022. The median income has shown an overall upward trend, increasing from $61,490 in 2013 to $64,802 in 2022, with some fluctuations in between.
Racial demographics have remained relatively stable, with the white population consistently representing the majority at around 85% of the total population. There has been a slight increase in diversity, with small but growing percentages of Black, Asian, and multiracial residents.
The absence of new LIHTC projects in the last decade may be attributed to the relatively stable population and increasing median income, potentially indicating a reduced need for additional low-income housing units.
St. Lawrence's LIHTC-funded affordable housing, while modest in scale, contributes to addressing the city's housing needs. The single project, John F Lutz Apts, has been a long-standing contributor to the affordable housing stock since 1996. While the LIHTC-funded units represent a small percentage of the estimated housing inventory, they provide essential low-income housing options, particularly for smaller households. The city's demographic trends, including a relatively stable population and increasing median income, may have influenced the lack of new LIHTC developments in recent years.
