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Affordable Housing in West Brighton: LIHTC Impact on Staten Island Neighborhood
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West Brighton, a neighborhood in Staten Island, New York, has a significant Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area contains 430 total units in LIHTC funded projects, with 38 units specifically designated as low-income. Based on the 2022 population of 21,588 and an estimated 8,271 housing units, LIHTC funded affordable housing comprises approximately 5.2% of the neighborhood's estimated housing inventory.
The LIHTC program has made substantial investments in West Brighton, with project tax credits totaling $3,390,964. This equates to an average federal funding of $7,886 per unit across all LIHTC funded projects in the neighborhood. Markham Gardens is a notable project in West Brighton's affordable housing landscape, completed in 2006, representing one of the earlier LIHTC investments in the area. The 2000s appear to be the decade with the most affordable housing activity in West Brighton.
The LIHTC funded projects in West Brighton offer a range of unit types. Of the 430 total units, there are 26 efficiencies, 94 one-bedroom units, 200 two-bedroom units, 94 three-bedroom units, and 16 four-bedroom units. This distribution indicates a focus on accommodating various household sizes, with an emphasis on two-bedroom units.
Over the past decade, West Brighton has experienced demographic shifts that may correlate with its LIHTC housing inventory. The population has fluctuated, reaching 21,588 in 2022, up from 19,781 in 2020. This growth may indicate an increased demand for affordable housing options.
Median income in West Brighton has shown an upward trend, rising from $78,769 in 2018 to $89,776 in 2022. Despite this increase, the continued presence of LIHTC projects suggests an ongoing need for affordable housing options, possibly due to rising living costs in the area.
The racial composition of West Brighton has remained relatively stable over the past decade. As of 2022, the neighborhood is diverse, with 41% White, 30% Hispanic, 22% Black, and 4% Asian residents. This diversity may influence the types of affordable housing needed and the communities served by LIHTC projects.
West Brighton's LIHTC funded affordable housing inventory plays a significant role in addressing the neighborhood's housing needs. With 430 units, including 38 low-income units, these projects cover about 5.2% of the estimated housing stock. The LIHTC program has invested substantially in the area, with an average of $7,886 in tax credits per unit. The diverse unit types available cater to various household sizes, with a focus on two-bedroom units. While the neighborhood has seen increases in population and median income over the past decade, the continued presence of LIHTC projects underscores the ongoing importance of affordable housing in this diverse community.
