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Affordable Housing in Zip Code 66217: LIHTC-Funded Inventory and Demographic Trends
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 66217, located in Shawnee, Kansas, contains Low-Income Housing Tax Credit (LIHTC) funded affordable housing. This area has 276 total units in LIHTC-funded projects, with 228 designated as low-income units. Based on the 2022 population of 7,333 and an estimated 2,810 housing units in the zip code, LIHTC-funded affordable housing comprises approximately 9.8% of the total housing inventory.
The LIHTC projects in zip code 66217 have received $709,736 in tax credits, averaging about $2,571 per unit. This funding represents 0.5% of Kansas's total LIHTC allocations, indicating a significant investment in affordable housing for this area. Affordable housing has been present in this zip code for over two decades, with the first project, Wyndam Place Senior Apartments, completed in 2001, and the most recent, Shawnee Station, in 2002. The early 2000s marked the most active period for LIHTC development in this area.
The housing mix in these LIHTC projects is diverse, with 94 one-bedroom units, 14 two-bedroom units, and 42 three-bedroom units. This variety suggests an effort to accommodate different household sizes and needs within the affordable housing stock.
Over the past decade, zip code 66217 has experienced population growth, increasing from 6,308 in 2010 to 7,333 in 2022. The median income has fluctuated but remained relatively high, reaching $94,958 in 2022. The racial composition has shown a slight increase in diversity, with the white population percentage decreasing from 83% in 2013 to 91% in 2022, while other racial groups have seen small increases.
Despite the high median income, the presence of LIHTC projects indicates a recognized need for affordable housing options in this area. The stable LIHTC inventory over the past decade suggests that these projects continue to serve an important role in providing affordable housing options, even as the overall economic profile of the zip code has remained strong.
Zip code 66217 in Shawnee, Kansas, demonstrates a commitment to affordable housing through its LIHTC-funded projects. With 228 low-income units representing nearly 10% of the estimated housing stock, these developments play a crucial role in maintaining housing diversity in an area with high median incomes. The early 2000s were pivotal for LIHTC development in this zip code, and these projects continue to provide valuable affordable housing options amidst a growing and economically strong community.
