Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West A, a neighborhood in Lincoln, Nebraska, has a population of 16,577 as of 2022. The area contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 48 units, all designated as low-income. This represents approximately 0.76% of the neighborhood's estimated 6,351 housing units.
The LIHTC program has invested $555,214 in project tax credits for affordable housing in West A, averaging $11,567 per unit. The neighborhood's commitment to affordable housing spans from 1994 to 2006. West Garfield Place (Ahw), completed in 1994, was the first LIHTC project, while Old Mill Crown, finished in 2006, was the most recent addition.
The 1990s saw the majority of affordable housing activity in West A, with three out of four projects completed during this decade. These include West Garfield Place (Ahw) in 1994, and both Capitol Corner Townhomes and Jonna Court in 1999. The affordable housing inventory in West A primarily consists of larger units, with 33 three-bedroom units and 12 four-bedroom units, suggesting a focus on accommodating families or larger households.
West A has experienced stable population growth over the past decade, increasing from 16,027 in 2013 to 16,577 in 2022. The median income has also risen, from $68,475 in 2013 to $75,981 in 2022, indicating improving economic conditions for residents.
Racial demographics in West A have remained relatively consistent. The white population decreased slightly from 74% in 2013 to 72% in 2022. There has been a modest increase in diversity, particularly in the Hispanic population, which grew from 6% to 10% during this period. The Asian and Black populations have remained relatively stable, each representing about 4-7% of the neighborhood's population.
Despite these demographic changes, no new LIHTC projects have been completed in West A since 2006. This could be due to various factors, such as changes in funding priorities, local zoning regulations, or a shift in affordable housing needs to other areas of the city.
West A neighborhood in Lincoln, Nebraska, has a small but established LIHTC-funded affordable housing inventory, primarily developed in the 1990s and early 2000s. The existing 48 units, all designated as low-income, represent less than 1% of the estimated housing stock. The affordable housing inventory focuses on larger units, potentially serving families or larger households. While the neighborhood has seen modest population growth and increasing median incomes over the past decade, along with slight increases in diversity, no new LIHTC projects have been developed since 2006. This analysis provides a snapshot of the LIHTC-funded affordable housing landscape in West A, highlighting the need for ongoing assessment of affordable housing needs in the context of changing demographics and economic conditions.