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Affordable Housing in Wilmerding, Pennsylvania: LIHTC Program Impact 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
Wilmerding in Pennsylvania has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 61 units, with 52 designated as low-income units. This accounts for approximately 8.7% of the city's estimated 703 housing units, based on the 2022 population of 1,834. The borough has received $211,398 in project tax credits from the LIHTC program, distributed across three projects. This amounts to an average of $70,466 per project and $3,466 in federal funding per unit. Wilmerding's LIHTC funding represents 0.04% of the total state allocation.
The development of LIHTC-funded affordable housing in Wilmerding spans 14 years, from 1994 to 2008. The first project, St Joseph Apts, was completed in 1994, while the most recent, Allegheny Independence House, was finished in 2008. The 1990s saw the highest activity in affordable housing development, with two out of the three projects constructed during this period.
The LIHTC-funded projects in Wilmerding comprise 19 one-bedroom units and 42 two-bedroom units. The inventory does not include any efficiencies, three-bedroom, or four-bedroom units.
Wilmerding's population has experienced a slight decline over the past decade, decreasing from 1,896 in 2013 to 1,834 in 2022. Despite this population decrease, the median income has shown an upward trend, rising from $20,230 in 2013 to $30,303 in 2022.
The racial demographics of Wilmerding have undergone changes during this period. The white population decreased from 73% in 2013 to 65% in 2022, while the black population increased from 22% to 30%. The Hispanic population remained relatively stable, fluctuating between 1% and 2%.
In summary, Wilmerding's LIHTC-funded affordable housing represents about 8.7% of the estimated housing inventory. The city has received a moderate investment in affordable housing through the LIHTC program, with projects developed between 1994 and 2008. Although the population has slightly decreased over the past decade, the median income has increased. The racial composition has become more diverse, with a growing black population. These demographic shifts may influence future affordable housing needs in the city.
