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Affordable Housing in Warren: LIHTC Projects 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 Warren neighborhood in Youngstown, Ohio, contains a substantial amount of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area has 181 units in LIHTC-funded projects, with 145 designated as low-income units. Based on the 2022 population of 2,378 and an estimated 911 housing units, LIHTC-funded affordable housing comprises approximately 19.9% of the neighborhood's estimated housing inventory. This percentage aligns with the target range of 15-20% for affordable housing stock in a well-balanced community.
The LIHTC projects in Warren have received $1,991,313 in project tax credits, averaging about $11,001 per unit. The neighborhood experienced LIHTC-funded affordable housing development from 1997 to 2002, indicating a five-year period of active affordable housing construction. The late 1990s and early 2000s were particularly active, with projects such as South Youngstown Homes and MCCDP Homeless Solutions completed in 1997, and Eagle Heights Homes I and Youngstown Choice Homes V finished in 2002.
The affordable housing inventory in Warren includes a variety of unit types. There are 81 efficiencies, 4 two-bedroom units, 59 three-bedroom units, and 33 four-bedroom units. This distribution indicates a focus on accommodating both individuals and families of various sizes. One notable project, Eagle Heights Homes I, completed in 2002, specifically targets single parents. This project likely addresses the unique needs of this population, potentially offering services or amenities that support single-parent households.
Warren has experienced demographic changes over the past decade. The population has decreased from 2,879 in 2013 to 2,378 in 2022, a decline of about 17.4%. Despite this population decrease, the median income has increased significantly, rising from $16,857 in 2013 to $21,132 in 2022, representing a 25.4% increase.
Racial demographics have also shifted. The Black population has remained the majority, but has slightly decreased from 72% in 2013 to 71% in 2022. The White population has decreased from 11% to 8%, while the Hispanic population has increased from 13% to 15%. The population identifying as two or more races has grown from 2% to 5%.
These demographic changes, particularly the increase in median income, may have influenced the lack of new LIHTC projects in the neighborhood since 2002. However, the median income remains relatively low, suggesting a continued need for affordable housing options.
Warren's affordable housing landscape is characterized by a significant LIHTC-funded inventory that closely aligns with recommended affordable housing stock levels. The neighborhood experienced active development of affordable housing from 1997 to 2002, resulting in a diverse mix of unit types. While demographic shifts, including population decline and increased median income, may have influenced the lack of recent LIHTC projects, the continued low median income suggests an ongoing need for affordable housing options. The existing LIHTC projects, including those targeting specific populations like single parents, play a crucial role in addressing the neighborhood's affordable housing needs.
