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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West Rogers Park, a neighborhood in Chicago, Illinois, contains a diverse community with a notable LIHTC-funded affordable housing inventory. The area has 575 total units in LIHTC-funded projects, of which 555 are designated as low-income units. Based on the 2022 population of 74,974 and an estimated 28,726 housing units, LIHTC-funded affordable housing comprises approximately 2% of the neighborhood's estimated housing inventory.
The LIHTC projects in West Rogers Park have received $2,391,643 in project tax credits, averaging about $4,159 in federal funding per unit. The neighborhood experienced LIHTC-funded affordable housing development from 2003 to 2007, indicating a concentrated period of affordable housing construction.
The 2000s were particularly active for affordable housing development in West Rogers Park. Notable projects include West Ridge Senior Apartments (2003), Lincoln Village Senior Apartments (2007), and G&A Senior Residence at Ravenswood (2007). These developments contributed significantly to the neighborhood's affordable housing stock.
The LIHTC-funded housing in West Rogers Park consists of a mix of unit types, with a focus on smaller units. The inventory includes 40 efficiencies, 402 one-bedroom units, and 52 two-bedroom units. This distribution suggests a focus on housing for individuals and small families, particularly seniors, given the names of some projects.
West Rogers Park has experienced steady population growth, increasing from 69,417 in 2013 to 74,974 in 2022. The median income has also risen, from $55,221 in 2013 to $65,474 in 2022, indicating improving economic conditions for residents.
The racial composition of the neighborhood has remained relatively stable, with a slight decrease in the Asian population (from 25% to 22%) and a small increase in the Hispanic population (from 17% to 21%) between 2013 and 2022. The White population has decreased from 43% to 40%, while the Black population has held steady at around 11-12%.
Despite the absence of new LIHTC projects in the last decade, the demographic trends suggest a continuing need for affordable housing. The rising median income, coupled with population growth, may indicate increasing housing costs, potentially making affordable options more crucial for lower-income residents.
West Rogers Park's LIHTC-funded affordable housing inventory, while covering a small percentage of the estimated housing stock, provides important housing options for low-income residents, particularly seniors. The concentration of development in the 2000s has created a foundation of affordable units, primarily consisting of smaller apartments. The continued population increase and rising median income suggest an ongoing need for affordable housing options to maintain community diversity and support lower-income residents.