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Affordable Housing Inventory in Zip Code 06516: A 24-Year Presence in West Haven, Connecticut
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 06516 in West Haven, Connecticut, contains a notable Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. The area encompasses 590 total units in LIHTC-funded projects, with 59 designated as low-income units. Based on the estimated 21,275 housing units in the zip code, LIHTC-funded affordable housing comprises approximately 2.77% of the total housing inventory.
The zip code features three LIHTC-funded projects: Meadow Landing I, Rolling Ridge Apts, and Springhaven Lp. Meadow Landing I, completed in 1999, is the earliest known project, while Rolling Ridge Apts, finished in 2000, is the most recent. This indicates that affordable housing has been present in the zip code for at least 24 years.
The 1990s witnessed the most affordable housing development activity in this zip code. Meadow Landing I is the largest project with 230 total units, including 23 low-income units. It offers a mix of two-bedroom and three-bedroom apartments. Rolling Ridge Apts and Springhaven Lp each have 180 units, with 18 low-income units in each project. These two properties provide a combination of one-bedroom and two-bedroom apartments.
In total, the LIHTC-funded projects in this zip code offer 144 one-bedroom units, 404 two-bedroom units, and 42 three-bedroom units, catering to various household sizes and needs.
Over the past decade, the zip code has experienced fluctuations in population, with an increase from 48,994 in 2020 to 55,528 in 2022. The median income has also risen, from $64,377 in 2016 to $67,938 in 2022, indicating a potential improvement in economic conditions for some residents.
Racial demographics have shifted slightly, with the Hispanic population increasing from 21% in 2016 to 27% in 2022, while the White population remained relatively stable at 50%. The Black population decreased slightly from 20% to 16% during the same period.
Despite these demographic changes, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including land availability, local housing policies, or changes in funding priorities.
Zip code 06516 in West Haven, Connecticut, has a modest LIHTC-funded affordable housing inventory, covering about 2.77% of the estimated total housing units. The area's three LIHTC projects, developed between 1999 and 2000, provide a mix of unit types to accommodate different household sizes. While the population and median income have increased in recent years, along with some shifts in racial demographics, no new LIHTC projects have been added in the past decade. This analysis provides insight into the affordable housing landscape of the zip code, though other affordable housing programs may also contribute to meeting the area's housing needs.
