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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The Diamond Hill - Jarvis neighborhood in Fort Worth, Texas, contains Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood has 275 total units in LIHTC funded projects, with 192 designated as low-income units. Based on the 2022 population of 15,790 and the national average household size of 2.61, the estimated number of housing units in the neighborhood is 6,050. LIHTC funded affordable housing comprises approximately 4.5% of the estimated housing inventory, with low-income units accounting for 3.2%.
The neighborhood features two LIHTC funded projects: Sabine Place and The Residences of Diamond Hill. The Residences of Diamond Hill, completed in 2003, is the earliest known project, indicating at least two decades of affordable housing presence in the area. Sabine Place has 71 units, all low-income, consisting of 35 two-bedroom and 36 three-bedroom units. The Residences of Diamond Hill is larger, with 204 total units, of which 121 are designated as low-income.
Over the past decade, the neighborhood's population has remained relatively stable, fluctuating between approximately 15,700 and 17,100 residents. The median income has shown an overall increasing trend, rising from $34,431 in 2013 to $41,871 in 2022, with some fluctuations in between. This gradual increase in median income suggests a slowly improving economic situation for residents, but the continued presence of LIHTC housing indicates an ongoing need for affordable options.
The racial composition of the neighborhood has remained predominantly Hispanic, consistently accounting for around 90% of the population throughout the past decade. This demographic stability suggests that the LIHTC projects have been serving a largely Hispanic community with relatively consistent needs over time.
The Diamond Hill - Jarvis neighborhood demonstrates a consistent commitment to affordable housing through its LIHTC funded projects. While these projects provide a significant number of affordable units, they cover a relatively small percentage of the estimated housing inventory. The neighborhood's demographic stability, particularly its predominantly Hispanic population and gradually increasing median income, suggests that these LIHTC projects have been addressing a persistent need for affordable housing in a community with consistent characteristics over the past decade.