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Affordable Housing in Upper Clinton Hill: Two Decades of LIHTC Development
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Upper Clinton Hill, a neighborhood in Newark, New Jersey, has a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory consists of 250 total units, with 205 of these designated as low-income units. Based on the 2022 population of 30,561 and using the national average household size, there are approximately 11,709 housing units in the neighborhood. The LIHTC funded affordable housing covers about 2.14% of the estimated housing inventory in Upper Clinton Hill.
The LIHTC program has invested significantly in Upper Clinton Hill, with project tax credits totaling $2,908,110. This translates to an average federal funding of $11,632 per unit in LIHTC funded projects. The neighborhood has seen a consistent development of affordable housing over the years, with the earliest recorded projects, Jackson Commons and Osborne Manor, completed in 1993. The most recent project with available data, Two Osborne Rehabilitation, was completed in 2013, indicating at least two decades of affordable housing presence in the area.
The 1990s saw the most affordable housing development activity, with four projects completed during this decade. Notable projects from this period include Terrace Heights Apts (1994) and Ebon Square (1996). The 2000s and early 2010s also saw continued development, with projects like Wynona Lipman Arms (2003) and Maplethorne-Stratford Housing (2008) being completed.
The LIHTC funded projects in Upper Clinton Hill provide a mix of unit types, with 69 one-bedroom units and 30 two-bedroom units. There are also 9 three-bedroom units, catering to larger families. This diverse range of unit sizes helps address the varied housing needs of low-income residents in the neighborhood.
Over the past decade, Upper Clinton Hill has experienced notable demographic shifts. The population has grown from 24,806 in 2015 to 30,561 in 2022, an increase of about 23%. During this period, the median income has also risen from $31,631 in 2015 to $35,434 in 2022, indicating a gradual improvement in economic conditions.
Racial demographics have also evolved, with the Black population decreasing from 90% in 2015 to 79% in 2022, while the Hispanic population has increased from 7% to 15% during the same period. This demographic shift may indicate changing housing needs in the neighborhood.
No new LIHTC projects have been recorded since 2013. This could be due to various factors, including changes in funding priorities, shifts in housing policy, or potentially a reduced need for additional affordable housing units in the area.
Upper Clinton Hill's LIHTC funded affordable housing inventory represents a small but significant portion of its estimated housing stock. The neighborhood has benefited from consistent affordable housing development from the early 1990s through the early 2010s, with a mix of unit sizes to accommodate diverse household needs. While the population and median income have increased over the past decade, and racial demographics have shifted, no new LIHTC projects have been recorded since 2013. This analysis provides insight into the affordable housing landscape in Upper Clinton Hill, highlighting the role of LIHTC in addressing housing needs in this Newark neighborhood.
