Bellflower's LIHTC-Funded Affordable Housing: A Three-Decade Commitment
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
DATA SOURCE
Bellflower, a city in California, has a LIHTC-funded affordable housing inventory of 383 total units, with 377 designated as low-income units. This inventory comprises approximately 1.31% of the city's estimated 29,274 housing units. The LIHTC program has provided $2,001,622 in project tax credits to Bellflower, averaging $500,405.50 per project and $5,226.17 per unit. Bellflower's share of California's total LIHTC funding is 0.07%.
Affordable housing has been present in Bellflower for nearly three decades, with projects spanning from 1987 to 2016. The first project, Artesia Senior Center, was completed in 1987, while the most recent addition, Bellflower Friendship Manor, was finished in 2016. The 1980s saw the most affordable housing activity, with two projects completed during that decade.
The LIHTC-funded housing in Bellflower consists of 84 efficiencies, 172 one-bedroom units, and 14 two-bedroom units. This distribution suggests a focus on smaller household sizes, potentially catering to seniors or single individuals.
Bellflower's population has remained relatively stable over the past decade, fluctuating between 76,000 and 78,000 residents. The median income has increased from $49,750 in 2016 to $74,131 in 2022, indicating a changing economic landscape in the city.
Racial demographics have shifted, with the Hispanic population growing from 51% in 2017 to 60% in 2022. The Asian and Black populations have remained relatively stable, while the White population has decreased from 20% to 14% during the same period.
The most recent LIHTC project, Bellflower Friendship Manor, was completed in 2016. Since then, the city has not seen new LIHTC developments, which could be related to the rising median income and changing demographic composition.
Bellflower's LIHTC-funded affordable housing inventory provides essential housing options for low-income residents. The city has a history of affordable housing development spanning nearly three decades, with a focus on smaller units that may cater to specific population needs. The changing demographics and rising median income in recent years may be influencing the current landscape of affordable housing development in the city.
