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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Willcox, a city in Arizona, has a LIHTC-funded affordable housing inventory of 81 units, with 36 specifically designated as low-income units. This inventory represents approximately 3.1% of the city's estimated 2,650 housing units. The city has received $444,049 in project tax credits from the LIHTC program for affordable housing, distributed across approximately 3 projects. This results in an average federal funding of $148,016 per project and $5,482 per unit. Willcox holds 0.22% of the total state funding for LIHTC projects in Arizona.
The development of affordable housing in Willcox spans from 1993 to 2006. The first project, Willcox Senior Apts, was completed in 1993, while the most recent project, Willcox Townhomes, was finished in 2006. The decade with the most affordable housing projects completed was the 2000s, with two projects: Willcox Farmworker Apts (2005) and Willcox Townhomes (2006). The LIHTC-funded housing inventory in Willcox consists of 29 one-bedroom units, 19 two-bedroom units, 4 three-bedroom units, and 4 four-bedroom units, suggesting a focus on smaller households and families.
One notable project is the Willcox Farmworker Apts, completed in 2005, which targets migrant farmworkers. This specialized housing addresses the unique needs of agricultural workers, potentially providing seasonal or year-round accommodation close to work sites.
Willcox's population has shown a general downward trend from 7,324 in 2015 to 6,917 in 2022. Despite this decrease, the median income has increased overall, rising from $37,675 in 2015 to $45,375 in 2022. This upward trend in median income might partially explain the lack of new LIHTC projects in recent years.
The racial distribution in Willcox has remained relatively stable over the past decade. The Hispanic population has consistently been the largest group, accounting for around 48-50% of the population, followed closely by the White population at 45-47%. This demographic stability suggests that the existing affordable housing projects may still be serving their intended populations.
Willcox's LIHTC-funded affordable housing inventory represents a significant investment in addressing the needs of low-income residents. The city's three projects, developed between 1993 and 2006, provide a range of unit sizes to accommodate different household types. The focus on farmworker housing demonstrates attention to the specific needs of the local workforce. While no new LIHTC projects have been developed in recent years, the existing inventory continues to play a role in the city's housing landscape. The recent increases in median income, coupled with a slight population decrease, may have influenced the perceived need for additional affordable housing development in the past decade.