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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Decatur, Georgia, a city east of Atlanta, has 216 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, with 168 designated as low-income. This represents approximately 2% of the city's estimated 10,762 housing units. Decatur has received $2,699,472 in project tax credits through the LIHTC program, averaging $337,434 per project and $12,498 per unit across 8 projects. The city holds 0.8% of Georgia's total LIHTC project funding.
The city's LIHTC funded affordable housing development spans from 1996 to 2019, indicating a long-term commitment to affordable housing. The 2010s saw the most significant development, with six out of eight projects completed during this decade. The LIHTC funded housing inventory in Decatur includes 57 one-bedroom, 99 two-bedroom, and 32 three-bedroom units, catering to various household sizes within the low-income community.
Decatur's population has grown steadily from 23,245 in 2013 to 28,088 in 2022. The median income has increased from $85,372 in 2013 to $124,623 in 2022, indicating overall economic growth. Racial demographics have shifted, with the Black population decreasing from 21% to 17%, the Hispanic population increasing from 4% to 7%, and the White population remaining stable at 65-66% between 2013 and 2022.
Decatur's LIHTC funded affordable housing inventory represents a consistent effort to provide low-income housing options. The city has used federal funding to create a diverse range of units, with significant development in the 2010s. As Decatur continues to grow and change demographically, ongoing assessment of affordable housing needs will be crucial to maintain a balanced and inclusive community.