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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 66204 in Overland Park, Kansas, has a population of 18,914 as of 2022 and covers an area of 4.92 square miles. This zip code contains two Low-Income Housing Tax Credit (LIHTC) funded affordable housing projects. The total number of affordable units and low-income units in these projects is not specified in the available data.
Based on the 2022 population and the national average household size of 2.61, there are approximately 7,247 housing units in this zip code. The exact percentage of affordable housing coverage in the area cannot be calculated due to the lack of specific data on the number of LIHTC-funded units.
The LIHTC projects in zip code 66204 have received a total of $548,783 in tax credits. The two projects in the area are Park Apts, completed in 1996, and Evergreen, completed in 1997. This indicates that affordable housing has been present in the zip code for over 25 years. The 1990s saw the most LIHTC project completions in this area.
Zip code 66204 holds 0.38% of the total state LIHTC funding, suggesting a relatively small portion of Kansas's affordable housing investment is concentrated in this area.
Over the past decade, the population in zip code 66204 has remained relatively stable, with slight fluctuations. The median income has increased significantly, rising from $56,834 in 2017 to $70,418 in 2022. This upward trend in income might indicate a reduced need for additional affordable housing in recent years.
The racial composition of zip code 66204 has remained fairly consistent, with the white population comprising the majority at around 73% in 2022. There has been a slight increase in racial diversity, with small growth in the Black and Hispanic populations over the past decade.
Zip code 66204 in Overland Park, Kansas, has two LIHTC-funded affordable housing projects, both completed in the late 1990s. The area has received $548,783 in tax credits for these projects. The zip code has experienced stable population growth and a significant increase in median income over the past decade, which may have influenced the lack of new LIHTC projects in recent years. The racial composition has remained relatively consistent, with a slight increase in diversity.