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Affordable Housing in York, Pennsylvania: A Historical City's LIHTC Journey
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
York, Pennsylvania, has a significant inventory of Low-Income Housing Tax Credit (LIHTC) funded affordable housing, with 383 total affordable units, all designated as low-income units. This represents approximately 2.16% of the city's estimated 17,771 housing units. York has received $2,577,072 in project tax credits through the LIHTC program, with an average of $151,592 in federal funding per project and $6,728 per unit. The city holds 0.43% of the total state funding for LIHTC projects in Pennsylvania.
York's involvement in LIHTC-funded affordable housing spans from 1987 to 2013, demonstrating a sustained effort to provide affordable housing options. The 1990s saw the most affordable housing projects completed, including Hudson Park Towers (1990), Helfrich Building (1992), and Yorktowne Apts (1995).
The LIHTC-funded housing stock in York offers a diverse range of unit types, including 1 efficiency unit, 101 one-bedroom units, 114 two-bedroom units, 67 three-bedroom units, and 25 four-bedroom units. This variety caters to different household sizes and needs within the low-income population.
York's population has shown a gradual increase, growing from 45,415 in 2015 to 46,383 in 2022. The median income has risen significantly, from $33,565 in 2015 to $41,402 in 2022. Despite this increase, the continued need for affordable housing suggests that a portion of the population still faces economic challenges.
Racial demographics in York have shifted slightly over the past decade. The Hispanic population has grown from 29% in 2015 to 33% in 2022, while the white population has decreased from 42% to 38%. The black population has remained relatively stable at around 23%. These demographic changes may influence the demand for affordable housing and the types of communities served by LIHTC projects.
York's LIHTC-funded affordable housing inventory represents a small but significant portion of the city's housing stock. The city has consistently invested in affordable housing over several decades, with a particular focus in the 1990s. The diverse range of unit types suggests an effort to accommodate various household sizes and needs. While the median income has increased in recent years, the ongoing development of affordable housing projects indicates a continued demand for such options. The city's changing demographics may influence future affordable housing needs and development strategies.
