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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Manteca, a city in California's Central Valley, maintains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 267 total units, including 265 low-income units. This inventory represents approximately 0.8% of the city's estimated 33,310 housing units, based on Manteca's 2022 population of 86,940. The city has received $1,140,825 in LIHTC funding for affordable housing projects, averaging $380,275 per project and $4,273 per unit. Manteca's share of California's total LIHTC funding allocation is 0.04%.
The development of LIHTC-funded affordable housing in Manteca occurred between 2002 and 2012. The initial project, Union Court Apartments, was completed in 2002, while the most recent, Belagio Apartments, was finished in 2012. The 2010s witnessed the highest affordable housing activity, with two projects completed during this period. The city's LIHTC-funded housing stock comprises 6 efficiencies, 41 one-bedroom units, 111 two-bedroom units, and 56 three-bedroom units, accommodating various household sizes and needs within the low-income population.
Manteca experienced significant population growth over the past decade, increasing from 67,338 in 2010 to 86,940 in 2022. The median income also rose substantially, from $65,215 in 2013 to $83,380 in 2022. This economic growth may partially explain the absence of new LIHTC projects since 2012, as the overall economic conditions of the city improved.
The racial composition of Manteca has undergone noticeable shifts. The Hispanic population decreased from 43% in 2017 to 32% in 2021, before returning to 43% in 2022. The Asian population grew from 8% in 2013 to 17% in 2022, while the White population declined from 47% in 2013 to 33% in 2022. These demographic changes may influence future affordable housing needs and strategies.
Manteca's LIHTC-funded affordable housing inventory provides 265 low-income units to the community. The city experienced a period of affordable housing development between 2002 and 2012, coinciding with significant population growth and demographic shifts. Although no new LIHTC projects have been recorded since 2012, the city's rising median income and changing racial composition indicate evolving housing needs that may require ongoing attention to ensure adequate affordable housing options for all residents.