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Brantley, Alabama: LIHTC's Role in Affordable Housing Amidst Demographic Changes
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Brantley, Alabama, possesses a distinct affordable housing profile influenced by the Low-Income Housing Tax Credit (LIHTC) program. The town's LIHTC-funded affordable housing inventory comprises 19 units, all categorized as low-income. These units represent approximately 2.67% of Brantley's estimated 712 total housing units.
The LIHTC program has allocated $28,709 in project tax credits to Brantley. This funding supports one project, resulting in an average federal contribution of $28,709 per project and $1,511 per unit. Brantley's share of Alabama's total LIHTC funding stands at 0.02%, indicating a relatively small portion of the state's affordable housing resources.
Camellia Village, Brantley's sole LIHTC project, was completed in 1991. This development has provided affordable housing options for over three decades, demonstrating a sustained commitment to addressing low-income housing needs in the community. Camellia Village offers a mix of unit types, consisting of 15 one-bedroom units and 4 two-bedroom units, suggesting a focus on accommodating smaller households or individuals.
Brantley's population has experienced fluctuations over the past decade, increasing from 1,699 in 2010 to 1,858 in 2022. The median income has shown variability, reaching $43,356 in 2019 before decreasing to $38,492 in 2022. These fluctuations in income levels may indicate an ongoing need for affordable housing options.
The racial composition of Brantley has undergone changes. The white population decreased from 82% in 2013 to 69% in 2022, while the Black population increased from 16% to 26% during the same period. These demographic shifts may influence future affordable housing needs and strategies.
Brantley's LIHTC-funded affordable housing, though limited in scale, has maintained a consistent presence in the community for over 30 years. Camellia Village provides 19 low-income units, primarily consisting of one-bedroom apartments. Despite fluctuations in population and median income, and shifts in racial demographics, the LIHTC program continues to contribute to addressing affordable housing needs in Brantley. As the town's demographics evolve, ongoing assessment of affordable housing requirements may be necessary to ensure alignment with community needs.
