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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 65584, located in St. Robert, Missouri, contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 96 units. All of these units are designated as low-income. Based on the 2022 population of 9,701 and an estimated 3,717 housing units in the zip code, LIHTC-funded affordable housing comprises approximately 2.58% of the estimated housing inventory.
The LIHTC program has supported two projects in this zip code: Pointe Lookout and St Robert Apts. These projects were completed in 1999 and 2000 respectively, indicating that affordable housing has been present in this area for over two decades. The 1990s saw the most affordable housing development activity in this zip code.
The LIHTC-funded projects in this zip code primarily consist of two-bedroom units, with 72 such units available. There are also 6 three-bedroom units. This distribution suggests a focus on accommodating small families or individuals who need additional space. Pointe Lookout, completed in 1999, is the larger of the two projects with 64 units, including 44 two-bedroom and 2 three-bedroom units. St Robert Apts, finished in 2000, offers 32 units, with 28 two-bedroom and 4 three-bedroom units.
Over the past decade, the population in zip code 65584 has fluctuated, peaking at 11,086 in 2016 and settling at 9,701 in 2022. The median income has also shown variations, ranging from a high of $67,452 in 2021 to a low of $58,265 in 2020. Despite these fluctuations, no new LIHTC projects have been developed in the area since 2000.
Racial demographics have remained relatively stable, with the white population consistently representing the majority at around 60-63% over the past decade. There has been a slight increase in diversity, with the Asian population growing from 2% to 5% and the two or more races category increasing from 3% to 9% between 2013 and 2022.
Zip code 65584 in St. Robert, Missouri, has a modest LIHTC-funded affordable housing inventory, covering about 2.58% of the estimated housing units. The two existing projects, completed in 1999 and 2000, provide 96 low-income units, primarily consisting of two-bedroom apartments. While the area has experienced some demographic changes over the past decade, including population fluctuations and increasing diversity, no new LIHTC projects have been developed since 2000. This analysis provides an objective view of the LIHTC-funded affordable housing landscape in this zip code, contributing to our understanding of housing accessibility in the area.