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Affordable Housing in Twentynine Palms: LIHTC Funding 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
Twentynine Palms, a city in California, possesses a LIHTC funded affordable housing inventory of 213 units, with 210 designated as low-income units. This inventory represents approximately 1.9% of the city's estimated total housing stock of 11,234 units. The LIHTC program has contributed $1,167,100 in project tax credits to Twentynine Palms, averaging $291,775 per project and $5,479 per unit across four approximate projects.
Affordable housing development in Twentynine Palms spans nearly three decades, commencing with the Sage Wood Manor project in 1993 and continuing through to the Adobe Villas Apartments in 2017. The 2010s marked the most active period for affordable housing development, with two projects completed during this decade. The city's LIHTC funded housing comprises a variety of unit types, including 14 one-bedroom, 31 two-bedroom, and 13 three-bedroom units, accommodating diverse household compositions within the low-income population.
Twentynine Palms has experienced demographic changes over the past decade. The population has shown recent growth, increasing from 27,266 in 2019 to 29,320 in 2022. Median income in the city has generally increased, rising from $40,933 in 2017 to $44,126 in 2022. Racial demographics have undergone gradual shifts, with a slight decrease in the white population from 56% in 2017 to 52% in 2022, accompanied by small increases in Hispanic and multiracial populations.
The LIHTC funded affordable housing in Twentynine Palms represents 0.04% of California's total LIHTC funding, indicating a small but notable share of the state's affordable housing resources. This funding plays a crucial role in the city's efforts to provide housing options for its lower-income residents. The consistent development of affordable housing projects over the past three decades suggests an ongoing need in the community.
The demographic trends in Twentynine Palms, including population growth and increasing median income, may influence the demand for affordable housing. The slight population increase could potentially indicate a growing need for affordable housing options. While median income has risen, this increase may not have kept pace with rising housing costs, potentially amplifying the demand for affordable housing solutions.
The gradual changes in racial demographics may also impact the diverse needs for affordable housing in the community. The slight decrease in the white population and small increases in Hispanic and multiracial populations could necessitate culturally sensitive approaches to affordable housing development and management.
In conclusion, Twentynine Palms maintains a modest but significant LIHTC funded affordable housing inventory. The city's commitment to affordable housing development over three decades, coupled with its diverse unit types, demonstrates an effort to address the housing needs of its lower-income residents. As demographic trends continue to evolve, the ongoing development and maintenance of affordable housing options remain crucial for the community's well-being.
