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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 15025, encompassing Jefferson Hills in Pennsylvania, has a population of 17,576 as of 2022. This area contains 44 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, all categorized as low-income units. These LIHTC units represent approximately 0.65% of the zip code's estimated housing inventory of 6,734 units.
The LIHTC program has allocated $761,834 in tax credits for affordable housing projects in zip code 15025. This equates to an average federal funding of $17,314 per unit. This investment constitutes 0.13% of Pennsylvania's total LIHTC allocation, indicating a relatively small concentration of the state's affordable housing efforts in this area.
Zip code 15025's LIHTC funded affordable housing inventory consists of a single project named Clairton, completed in 2004. This project has provided affordable housing options in the area for nearly two decades. Clairton offers 26 two-bedroom units and 18 three-bedroom units, accommodating various family sizes within the low-income community.
The population in zip code 15025 has shown minimal change over the past decade, increasing slightly from 17,243 in 2013 to 17,576 in 2022. During this period, the median income demonstrated a notable upward trend, rising from $62,872 in 2013 to $77,862 in 2022. This increase in median income may suggest a potential reduction in the need for additional affordable housing in recent years.
The racial composition of zip code 15025 has remained predominantly white, with a slight decrease from 81% in 2013 to 78% in 2022. The Black population has maintained relative stability, fluctuating between 14-17% over the decade. A small increase in the Asian population occurred, from less than 1% in 2013 to 3% in 2022, along with a slight rise in the Hispanic population from 1% to 3% during the same period.
Zip code 15025 in Jefferson Hills contains a single LIHTC funded affordable housing project, Clairton, which provides 44 low-income units. This project represents a small portion of the zip code's estimated housing stock but has served as a consistent source of affordable housing since 2004. The area has experienced stable population growth and a significant increase in median income over the past decade, factors that may influence the demand for affordable housing. The racial composition has remained relatively consistent, with a slight increase in diversity. These demographic trends, in conjunction with the existing LIHTC project, provide a basis for understanding the affordable housing landscape in this zip code.