Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
East Moline, Illinois, with a population of 22,150 as of 2022, has 106 total units of Low-Income Housing Tax Credit (LIHTC) funded affordable housing, including 97 low-income units. This represents approximately 1.25% of the city's estimated 8,487 housing units.
The LIHTC program has provided $10,489,112 in project tax credits for affordable housing in East Moline. With three projects, the average funding per project is $3,496,371, and the average federal funding per unit is $98,953. East Moline's share of the total state LIHTC funding is 1.3%.
LIHTC projects in East Moline span at least 15 years, with the first project completed in 1997 (Moline Apts) and the most recent in 2012 (Ridgewood Towers). The city's LIHTC inventory consists of 58 one-bedroom units, 8 two-bedroom units, and 4 three-bedroom units, indicating a focus on smaller households or individuals.
East Moline's population has decreased slightly from 23,008 in 2013 to 22,150 in 2022. However, the median income has increased from $50,560 in 2013 to $54,246 in 2022.
The city's racial demographics have changed over the past decade. The white population decreased from 68% in 2013 to 61% in 2022, while the Black population increased from 7% to 13%. The Hispanic population increased slightly from 16% to 17%, and the Asian population remained consistent at approximately 3%.
East Moline's LIHTC funded affordable housing comprises a small portion of the city's estimated housing stock. The city has received significant federal funding for these projects, averaging nearly $3.5 million per project. The LIHTC program has been active in East Moline for at least 15 years, with projects completed in different decades. The housing units are primarily one-bedroom, suggesting a focus on smaller households. Despite a slight decrease in population over the past decade, median income has increased, and there have been notable shifts in racial demographics, particularly an increase in the Black population and a decrease in the white population.