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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Vineland, New Jersey, maintains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 203 units, all of which are designated as low-income. This inventory comprises approximately 0.87% of the city's estimated 23,293 housing units. The city has received $3,653,784 in LIHTC funding, distributed across approximately 7 projects, resulting in an average of $522,112 per project or about $18,000 per unit. Vineland's share represents 0.49% of the total state LIHTC funding.
LIHTC-funded affordable housing development in Vineland spans from 2006 to 2017. The earliest known project, Walnut Manor, was completed in 2006, while Landis Square, finished in 2017, represents one of the most recent developments. The 2010s saw the most affordable housing activity, with projects such as Parvins Branch (2012), Melrose Court (2016), and Landis Square (2017) being completed during this decade.
Vineland's population has remained relatively stable over the past decade, fluctuating between 60,000 and 61,500 residents. The median income has shown some variability but generally remained in the $60,000 to $66,500 range. Racial demographics have shifted, with the Hispanic population increasing from 36% in 2013 to 43% in 2022, while the white population decreased from 47% to 40% during the same period. Other racial groups remained relatively stable.
The growth in the Hispanic population may influence the need for diverse affordable housing options in Vineland. The city's LIHTC-funded affordable housing inventory, while modest in relation to the total housing stock, provides crucial low-income units. Vineland has seen consistent development of affordable housing projects over more than a decade, with the most activity occurring in the 2010s.
The $3.6 million in LIHTC funding has supported approximately 7 projects, averaging over $500,000 per project. As Vineland's demographics continue to evolve, particularly with the growing Hispanic population, ongoing assessment of affordable housing needs will be important to ensure the city can accommodate its diverse residents.