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Arlington, Minnesota: LIHTC-Funded Affordable Housing in a Small City
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Arlington, Minnesota, maintains a modest Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory comprising 41 low-income units. This inventory represents approximately 3.4% of the city's estimated 1,190 housing units, indicating LIHTC projects' contribution to addressing local housing needs.
The city has received $344,939 in project tax credits through the LIHTC program. With one project, this translates to an average federal funding of $344,939 per project and $8,413 per unit. Arlington's share of the total state LIHTC funding is 0.12%, reflecting a relatively small portion of Minnesota's overall affordable housing investment through this program.
The affordable housing inventory in Arlington consists primarily of 31 one-bedroom and 6 two-bedroom units, suggesting a focus on accommodating smaller households or individuals. Highland Commons, completed in 2015, is a notable LIHTC project that has significantly contributed to the city's affordable housing stock.
Arlington's population has experienced slight fluctuations over the past decade, with a minor increase from 3,127 in 2019 to 3,107 in 2022. The median income has shown an upward trend, rising from $61,389 in 2019 to $66,053 in 2022, indicating some economic growth in the community.
Racial demographics have remained relatively stable, with a predominantly white population. The Hispanic population has decreased from 19% in 2019 to 13% in 2022, while other racial groups have maintained consistent representation.
Arlington's LIHTC-funded affordable housing inventory, though modest in scale, contributes to the city's overall housing landscape. The single project, Highland Commons, provides 41 low-income units, primarily consisting of one-bedroom apartments. The city's demographic trends, including a slight population increase and rising median income, may influence future affordable housing needs. While LIHTC projects cover a small percentage of the estimated housing stock, they represent an important component of Arlington's efforts to provide affordable housing options for its residents.
