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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 76655 in Robinson, Texas, contains a specific inventory of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The total number of units in LIHTC funded projects is 48, with 32 units designated as low-income. Based on the 2022 population of 10,028 and the national average household size, the estimated housing inventory for this zip code is approximately 3,842 units. LIHTC funded affordable housing comprises about 1.25% of the estimated housing inventory in zip code 76655.
The development of LIHTC funded affordable housing in zip code 76655 spans over two decades. The initial project, Autumn Villas, was completed in 1989, while the most recent, Village Place Apartments, was finished in 2010. This indicates a sustained commitment to affordable housing in the area.
The affordable housing inventory in zip code 76655 consists of 28 one-bedroom units and 20 two-bedroom units, offering a range of housing options for various household sizes. Village Place Apartments is a significant contributor to the affordable housing stock, with all 32 of its units designated as low-income.
Zip code 76655 has experienced population growth over the past decade, increasing from 8,880 in 2013 to 10,028 in 2022. The median income has also increased substantially, rising from $80,792 in 2013 to $86,450 in 2022, with a peak of $99,788 in 2021. This economic growth may indicate a changing landscape for affordable housing needs in the area.
The racial composition of zip code 76655 has remained relatively stable, with a slight decrease in the white population from 85% in 2013 to 79% in 2022. There has been a modest increase in the Hispanic population, from 9% to 16% during the same period. These demographic shifts may influence future affordable housing requirements in the zip code.
In summary, zip code 76655 in Robinson, Texas, has a small but established LIHTC funded affordable housing inventory, comprising about 1.25% of the estimated housing stock. The area has seen LIHTC developments from 1989 to 2010, offering a mix of one and two-bedroom units. While the population and median income have grown over the past decade, the racial composition has remained relatively stable with a slight increase in diversity. These factors may influence future affordable housing needs and development in zip code 76655.