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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Heidelberg, a small community in Pennsylvania, has a unique affordable housing landscape shaped by the Low-Income Housing Tax Credit (LIHTC) program. This analysis examines the LIHTC-funded affordable housing inventory in Heidelberg and its contribution to the city's needs.
Heidelberg, with a population of 1,254 in 2022, has a single LIHTC-funded project providing 42 affordable housing units, all of which are designated as low-income units. Based on the estimated housing inventory of approximately 480 units, the LIHTC-funded affordable housing covers about 8.75% of the city's housing stock.
Heidelberg has received $952,271 in project tax credits through the LIHTC program. With one project, this translates to an average federal funding of $952,271 per project and $22,673 per unit. The city holds 0.16% of Pennsylvania's total LIHTC funding, indicating a relatively small but significant contribution to the state's affordable housing efforts.
The sole LIHTC-funded project in Heidelberg, known as Heidelberg Apartments, was completed in 2016. This project marks the beginning of LIHTC-funded affordable housing in the city, representing a recent addition to the community's housing options.
Heidelberg Apartments consists of 42 units, with a specific unit distribution of 34 one-bedroom and 8 two-bedroom apartments. This configuration suggests a focus on housing for smaller households or individuals.
Heidelberg Apartments targets a specific population: Autistic Adults. This specialized focus addresses the unique housing needs of individuals on the autism spectrum, potentially providing tailored support services and accommodations to enhance their quality of life and independence.
Over the past decade, Heidelberg's population has remained relatively stable, fluctuating between 1,200 and 1,300 residents. The median income has shown an overall upward trend, increasing from $43,570 in 2013 to $52,480 in 2022. This rise in median income might indicate a growing need for affordable housing options to support lower-income residents.
Racial demographics in Heidelberg have remained predominantly white, consistently accounting for over 90% of the population throughout the decade. There has been a slight increase in diversity, with small percentages of Asian, Black, and multiracial residents emerging in recent years.
The completion of Heidelberg Apartments in 2016 aligns with a period of relative economic stability and minor demographic shifts in the community. The project's focus on autistic adults addresses a specific need that may not be directly reflected in broader demographic trends but represents an important consideration in providing diverse and inclusive housing options.
Heidelberg's LIHTC-funded affordable housing inventory, while limited to a single project, makes a significant contribution to the community's housing landscape. The Heidelberg Apartments project, completed in 2016, provides 42 low-income units specifically designed for autistic adults. This targeted approach addresses a unique housing need within the community. While the LIHTC-funded units represent a small percentage of the estimated housing stock, they play a crucial role in diversifying housing options and supporting vulnerable populations in Heidelberg. The city's demographic trends, including a rising median income and slight increases in diversity, underscore the ongoing importance of affordable housing initiatives in maintaining an inclusive community.