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Affordable Housing in Van Ness - Civic Center: LIHTC Impact 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
The Van Ness - Civic Center neighborhood in San Francisco, California, has a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This area, known for its proximity to government buildings and cultural institutions, hosts 537 total units in LIHTC-funded projects, with 430 of these designated as low-income units. Based on the 2022 population of 14,664 and an estimated 5,618 housing units, the LIHTC-funded affordable housing covers approximately 9.6% of the neighborhood's estimated housing inventory.
The LIHTC program has invested substantially in this neighborhood, with project tax credits totaling $8,893,790. This translates to an average federal funding of about $16,562 per unit in LIHTC-funded projects. The neighborhood has seen a consistent development of affordable housing over time, with the earliest project, Ellis Street Apts, completed in 2001, and the most recent, 939 And 951 Eddy Street, finished in 2016. This 15-year span demonstrates a long-term commitment to affordable housing in the area.
The 2010s saw the most affordable housing development, with four projects completed during this decade. Notable projects include the Drs Julian & Raye Richardson Apts (2011) and the Mary Helen Rogers Senior Community (2012). The LIHTC-funded housing in this neighborhood offers a diverse range of unit types. Out of the 537 total units, there are 262 efficiencies, 245 one-bedroom units, 27 two-bedroom units, and 3 three-bedroom units. This distribution suggests a focus on accommodating smaller households and individuals.
One project of particular interest is the Derek Silva Community, completed in 2004, which targets the special needs population. This project likely provides specialized services and accommodations to support residents with specific requirements.
Over the past decade, the neighborhood has experienced significant population growth, increasing from 11,048 in 2013 to 14,664 in 2022. Concurrently, the median income has risen substantially, from $56,284 in 2013 to $107,377 in 2022. This income growth might suggest a decreasing need for affordable housing, yet the continued development of LIHTC projects indicates an ongoing demand for affordable options in this increasingly affluent area.
The racial composition of the neighborhood has remained relatively stable, with a slight decrease in the white population (from 49% in 2013 to 41% in 2022) and small increases in Asian and Black populations. The Hispanic population has remained relatively constant. This diversity underscores the importance of maintaining affordable housing options to preserve the neighborhood's mixed-income character.
The Van Ness - Civic Center neighborhood demonstrates a consistent commitment to affordable housing through the LIHTC program. With 537 total units, including 430 low-income units, LIHTC-funded projects contribute significantly to the area's housing diversity. The steady development of affordable housing over 15 years, coupled with rising incomes and population growth, suggests an ongoing effort to maintain economic diversity in a changing urban landscape. The variety of unit types and the presence of specialized housing for those with special needs further illustrate the program's attempt to address diverse housing needs in this dynamic San Francisco neighborhood.
