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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 19508, located in Birdsboro, Pennsylvania, has a presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area has 160 affordable housing units, with 103 designated as low-income units. Based on the 2022 population of 18,150 and an estimated 6,954 housing units, the LIHTC-funded affordable housing represents 2.3% of the zip code's estimated housing inventory.
The LIHTC projects in zip code 19508 have received $1,260,532 in tax credits, averaging $7,878 per unit in federal funding. This funding represents 0.21% of Pennsylvania's total LIHTC allocation. Affordable housing has been present in this zip code since at least 2005, with the completion of the Villa At Morlattan project. The most recent development, River Run Meadows Apartments, was completed in 2017, demonstrating over a decade of affordable housing initiatives. The 2010s saw the most activity in LIHTC-funded housing development in this area.
The affordable housing inventory in zip code 19508 consists of 9 efficiencies, 99 one-bedroom units, 18 two-bedroom units, and 16 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a predominance of smaller units.
Over the past decade, the population in zip code 19508 has remained relatively stable, fluctuating between 17,900 and 18,500 residents. The median income has shown slight variations, ranging from about $75,800 to $80,500. This stability in population and income levels may have influenced the steady development of affordable housing projects.
Racial demographics have shown minor shifts, with a slight decrease in the white population from 92% in 2013 to 88% in 2022. There have been small increases in Hispanic and multi-racial populations. These changes may reflect a growing need for diverse housing options to accommodate a changing demographic landscape.
Zip code 19508 in Birdsboro, Pennsylvania, has a modest LIHTC-funded affordable housing presence, representing about 2.3% of the estimated housing inventory. The area has seen consistent investment in affordable housing over more than a decade, with projects catering to various household sizes. The continued development of affordable housing aligns with the area's stable population and income levels, potentially addressing evolving housing needs in the community.