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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The zip code 90745 in Carson, California, contains a significant inventory of affordable housing funded by the Low-Income Housing Tax Credit (LIHTC) program. This area has 611 total units in LIHTC-funded projects, with 541 of these designated as low-income units. The LIHTC-funded affordable housing comprises approximately 2.8% of the total housing stock in the zip code, based on an estimated 21,695 housing units.
The LIHTC program has invested $9,135,287 in tax credits for affordable housing projects in zip code 90745. This investment equates to an average federal funding of about $14,950 per unit. The zip code accounts for 0.3% of California's total LIHTC funding, indicating a substantial investment in affordable housing for the area.
Affordable housing has been consistently developed in zip code 90745 from 1995 to 2019. The earliest project, Avalon Courtyard, was completed in 1995, while the most recent additions, Veterans Village of Carson and Carson Colony, were both completed in 2019. This 24-year span demonstrates a long-term commitment to affordable housing development in the area.
The 2010s experienced the most significant growth in affordable housing, with six projects completed during this decade. Notable projects from this period include Carson Center Senior Housing (2011), East Carson Housing (2012), and Arbor Green (2014). The LIHTC-funded housing in zip code 90745 offers a diverse range of unit types, including 238 one-bedroom units, 119 two-bedroom units, 128 three-bedroom units, and 9 four-bedroom units. This variety caters to different household sizes and needs within the low-income population.
Over the past decade, the population in zip code 90745 has remained relatively stable, fluctuating between 53,406 and 56,625 residents. The median income has shown a general upward trend, increasing from $79,571 in 2013 to $88,930 in 2022. This rise in median income might suggest a growing need for affordable housing options to maintain economic diversity in the area.
The racial composition of zip code 90745 has remained diverse and relatively consistent. The Hispanic population has been the largest group, comprising 43-47% of residents, followed by the Asian population at 35-37%. This demographic stability may have influenced the continued development of affordable housing projects to serve the diverse community needs.
Zip code 90745 in Carson demonstrates a sustained commitment to affordable housing through LIHTC-funded projects. With 611 total units, of which 541 are low-income, these developments play a crucial role in providing housing options for lower-income residents. The consistent development of affordable housing projects over more than two decades, coupled with the area's stable and diverse demographics, underscores the ongoing importance of these initiatives in maintaining a balanced and inclusive community.