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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
East Meyer 7, a neighborhood in Kansas City, Missouri, has a population of 1,468 as of 2022. The area contains 5 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, all designated as low-income. These units represent approximately 0.89% of the neighborhood's estimated 562 housing units.
The neighborhood's LIHTC funded projects were completed between 1987 and 1996. Two projects at 1859 E 78th St and 1861 E 78th St were completed in 1987, while the most recent projects at 7235 Paseo Blvd and 1849 E 75th Ter were finished in 1996. This indicates a three-decade presence of affordable housing in East Meyer 7.
The 1980s and 1990s were the most active periods for LIHTC funded affordable housing development in this neighborhood, with two projects completed in each decade. The inventory comprises 2 two-bedroom units and 3 three-bedroom units, suggesting a focus on small to medium-sized family accommodation.
East Meyer 7 has experienced demographic shifts over the past decade. The population peaked at 1,940 in 2019 before declining to 1,468 in 2022. Median income has remained relatively stable, ranging from $51,029 to $53,375 between 2018 and 2022.
Racial demographics have changed notably. The Black population decreased from 71% in 2018 to 58% in 2022, while the Hispanic population increased slightly from 12% to 15%. The White population also increased from 11% to 16%.
No new LIHTC projects have been developed in the last decade. This could be attributed to various factors, including changes in funding priorities, local development patterns, or shifts in housing needs within the neighborhood.
East Meyer 7 has a small inventory of LIHTC funded affordable housing, covering less than 1% of its estimated housing stock. The existing affordable units were developed in the late 1980s and mid-1990s, focusing on two and three-bedroom units. While the neighborhood has experienced demographic changes in recent years, including shifts in racial composition and population fluctuations, there has been no new LIHTC development in over two decades. This analysis provides a snapshot of the LIHTC funded affordable housing landscape in East Meyer 7, but it is important to note that other affordable housing programs may also contribute to the neighborhood's overall affordable housing inventory.