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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Lemon Grove, a city in California, possesses a distinct LIHTC-funded affordable housing inventory. The city's total LIHTC-funded affordable housing comprises 172 units, with 169 of these designated as low-income units. Based on the 2022 population of 36,274 and an estimated 13,898 housing units, the LIHTC-funded affordable housing represents approximately 1.24% of the city's estimated housing inventory.
Lemon Grove has received $3,001,779 in LIHTC funding for affordable housing projects. With three approximate projects, this averages to about $1,000,593 per project. The average federal funding per unit is approximately $17,452. Lemon Grove holds 0.1% of California's total LIHTC funding.
The city's LIHTC-funded affordable housing development occurred from 2009 to 2014. The initial project, Citron Court, was completed in 2009, while the most recent, Citronica Two, was finished in 2014. This indicates a five-year period of active LIHTC-funded affordable housing development in Lemon Grove.
The 2010s witnessed the most affordable housing activity, with all three projects completed during this decade. The inventory includes 8 efficiencies, 91 one-bedroom units, 23 two-bedroom units, and 14 three-bedroom units. One notable project, Citronica Two, targets individuals with mental illness. This project likely incorporates specific design features and support services to meet the unique needs of this population.
Over the past decade, Lemon Grove's population has grown steadily, increasing from 33,040 in 2010 to 36,274 in 2022. The median income has also risen, from $62,682 in 2013 to $71,429 in 2022, suggesting an overall economic improvement in the city. The racial composition of Lemon Grove has shifted slightly. The Hispanic population has grown from 43% in 2013 to 46% in 2022, while the White population has decreased from 30% to 24% during the same period. The Black and Asian populations have remained relatively stable. These demographic changes, particularly the population growth and income increase, may have influenced the need for affordable housing in the city. The completion of LIHTC projects in the early 2010s could have been a response to the growing population and changing demographics.
Lemon Grove's LIHTC-funded affordable housing inventory, while modest in size, represents a significant investment in addressing housing needs. The city's three projects, completed between 2009 and 2014, provide 172 units of affordable housing, with a focus on one-bedroom units. The demographic trends, including population growth and increasing median income, provide context for the development of these projects. The LIHTC-funded units, covering a small percentage of the city's estimated housing inventory, play a crucial role in providing affordable options for low-income residents, including those with specific needs such as mental illness.