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Affordable Housing Trends in Detroit's Greensbriar Neighborhood: A Three-Decade Analysis of LIHTC Development
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Greensbriar neighborhood in Detroit, Michigan, contains 26 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. These units constitute approximately 1.5% of the estimated 1,730 total housing units in the neighborhood, based on the 2022 population of 4,514 and the national average household size. All 26 LIHTC units are designated as low-income units.
LIHTC funded affordable housing has been present in Greensbriar for over three decades. The initial project was completed in 1992 at 19948 Alcoy St. The most recent developments, including the Orchard Company Project 2 and Utah Company Projects 1 and 2, were finalized in 1996. The 1990s marked the most significant period of LIHTC funded affordable housing development in the neighborhood.
The year 1993 was particularly active, with 10 projects completed on various streets including Barlow St, Alcoy St, Pelkey St, Dresden St, Strasburg St, Waltham St, and Joann St. All 26 LIHTC funded units in Greensbriar are three-bedroom units, indicating a focus on accommodating families or larger households.
Greensbriar has experienced demographic changes over the past decade. The population decreased from 5,995 in 2014 to 4,514 in 2022, a decline of 24.7%. Despite this population decrease, the median income increased from $27,336 in 2014 to $32,514 in 2022, a growth of 19%.
The neighborhood has maintained a predominantly Black population, with percentages ranging from 61% to 69% over the past decade. The White population has fluctuated between 29% and 36% during this period.
No new LIHTC projects have been recorded in Greensbriar since 1996. This could be attributed to various factors, including changes in funding priorities, shifts in housing needs, or the possibility that other affordable housing programs are addressing the community's needs.
Greensbriar's LIHTC funded affordable housing inventory, while modest, has been a long-standing component of the community. The neighborhood experienced significant affordable housing development in the early to mid-1990s, focusing on three-bedroom units. Despite population decline over the past decade, median income has increased, and the racial composition has remained relatively stable. The absence of recent LIHTC developments suggests that the neighborhood's affordable housing needs may have shifted or are being addressed through other means. This analysis provides an overview of Greensbriar's LIHTC funded affordable housing landscape and its relationship to demographic trends, offering insights into the neighborhood's housing dynamics.
