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Affordable Housing in Zip Code 17408: A Unique Case Study of LIHTC Implementation in Shiloh, Pennsylvania
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The zip code 17408 in Shiloh, Pennsylvania, presents a specific case of affordable housing implementation through the Low-Income Housing Tax Credit (LIHTC) program. This area contains 64 affordable units, all categorized as low-income units. These units comprise approximately 0.7% of the estimated 9,159 housing units in the zip code as of 2022.
The LIHTC program has allocated $348,175 in tax credits for affordable housing projects in zip code 17408. This allocation equates to an average federal funding of $5,440 per unit. The investment represents 0.06% of Pennsylvania's total LIHTC funding, indicating a small but notable contribution to the state's affordable housing initiatives.
The affordable housing in this zip code is primarily represented by one project: Parkview At Manchester Heights, completed in 1999. This development has provided affordable housing options in the area for over two decades. The project consists of 54 one-bedroom units and 1 two-bedroom unit, suggesting a focus on accommodating smaller households or individuals.
Zip code 17408 has experienced a gradual population increase over the past decade, growing from 23,161 in 2013 to 23,906 in 2022, representing a 3.2% growth. This population growth may indicate a consistent demand for housing in the area. The median income in the zip code has also shown an upward trend, increasing from $66,109 in 2013 to $75,154 in 2022, a 13.7% increase.
The racial composition of zip code 17408 has undergone minor changes in recent years. The white population, while still predominant, has decreased from 89% in 2013 to 81% in 2022. Concurrently, there has been a modest increase in diversity, with the Hispanic population growing from 3% to 8%, and the Asian population from 1% to 4% during the same period. These demographic shifts may influence future demand for diverse housing options, including affordable housing.
Zip code 17408 in Shiloh, Pennsylvania, represents a specific example of affordable housing implementation. The 64 LIHTC-funded units, all categorized as low-income, have maintained a consistent affordable housing presence since 1999. While these units represent a small portion of the estimated total housing stock, they serve an important function in providing housing options for lower-income residents. The zip code's demographic trends, including steady population growth, increasing median income, and gradual diversification, may shape future affordable housing needs and development strategies in the area.
