Loading Content...
Aliquippa's Affordable Housing: LIHTC Program's Small but Consistent Presence
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
Aliquippa, a Pennsylvania city, maintains a modest LIHTC-funded affordable housing inventory. The city currently has 13 affordable housing units, all designated as low-income units. This represents approximately 0.37% of the estimated 3,524 housing units in the city, based on the 2022 population of 9,198 and the national average household size.
Aliquippa has received $80,259 in project tax credits through the LIHTC program. With 3 approximate projects, this translates to an average of $26,753 in federal funding per project. The average federal funding per unit is $6,174. Aliquippa holds 0.01% of the total state LIHTC funding for Pennsylvania.
The first LIHTC projects in Aliquippa were completed in 1987, with the Kiehl Street Duplex and 119 King St. The most recent project, Murphy Oliker Apts, was completed in 1999. This indicates that affordable housing has been present in the city for over three decades. The 1980s saw the most affordable housing projects completed in Aliquippa.
The city's LIHTC-funded housing inventory consists primarily of one-bedroom units (9), followed by two-bedroom units (2) and three-bedroom units (2). There are no efficiencies or four-bedroom units reported in the LIHTC-funded projects.
Over the past decade, Aliquippa's population has remained relatively stable, with a slight decrease from 9,356 in 2014 to 9,198 in 2022. However, the median income has shown a significant increase, rising from $44,303 in 2014 to $57,494 in 2022. This 29.8% increase in median income could potentially indicate a reduced need for new affordable housing projects in recent years.
The racial composition of Aliquippa has remained fairly consistent over the past decade. As of 2022, the city's population is approximately 56% White, 36% Black, 2% Hispanic, and 4% identifying as two or more races. The stability in racial demographics suggests that any changes in affordable housing needs are likely not driven by significant shifts in the racial makeup of the city.
Aliquippa's LIHTC-funded affordable housing inventory, while small, has been a part of the city's housing landscape for over 30 years. The 13 low-income units represent a small fraction of the city's estimated housing stock. The majority of these units are one-bedroom apartments, potentially serving single individuals or small families. While no new LIHTC projects have been completed in recent years, the significant increase in median income over the past decade may indicate changing economic conditions in the city. The stable population and racial demographics suggest that any shifts in affordable housing needs are likely tied to economic factors rather than demographic changes.
