Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Otay Mesa West, a neighborhood in San Diego, California, has a notable presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The neighborhood's LIHTC inventory comprises 405 total units, with 123 designated as low-income units. Based on the 2022 population of 31,677 and an estimated 12,137 housing units, the LIHTC funded affordable housing represents approximately 3.3% of the neighborhood's estimated housing inventory.
The LIHTC program has invested $1,775,299 in tax credits for affordable housing projects in Otay Mesa West. This equates to an average federal funding of $4,384 per unit across all LIHTC funded projects in the neighborhood.
Affordable housing has been present in Otay Mesa West since at least 2001, with the completion of the Coronado Terrace project. The most recent project, Del Sol Apartments, was completed in 2007, indicating a six-year span of LIHTC development activity in the neighborhood. The 2000s decade saw the highest number of affordable housing projects completed in Otay Mesa West.
The LIHTC funded housing inventory in Otay Mesa West is diverse, consisting of 2 efficiencies, 4 one-bedroom units, 279 two-bedroom units, 109 three-bedroom units, and 11 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes, with a particular emphasis on two-bedroom units.
Over the past decade, Otay Mesa West has experienced demographic shifts. The population has remained relatively stable, with a slight decrease from 33,354 in 2015 to 31,677 in 2022. However, the median income has shown significant growth, rising from $60,687 in 2015 to $69,842 in 2022, with a notable peak of $80,481 in 2021.
Racially, the neighborhood has maintained a predominantly Hispanic population, increasing slightly from 74% in 2015 to 76% in 2022. The Asian population has remained steady at around 10%, while the Black population has seen a small increase from 2% to 3%. The White population has decreased slightly from 10% to 9% over this period.
The absence of new LIHTC projects in the last decade could be attributed to the rising median income in the area, which may have reduced the perceived need for additional affordable housing units. However, other affordable housing programs not captured in this data may be addressing the community's needs.
Otay Mesa West's LIHTC funded affordable housing inventory, while covering a small percentage of the estimated housing stock, provides 405 units with 123 designated as low-income. The neighborhood saw LIHTC development activity primarily in the 2000s, with projects catering to various household sizes. Despite a stable population, the area has experienced significant income growth and slight shifts in racial composition over the past decade. These demographic changes may have influenced the lack of recent LIHTC developments, though the existing inventory continues to contribute to the neighborhood's affordable housing needs.