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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
San Dimas, a California city, has 65 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units, with 64 designated as low-income. This comprises approximately 0.5% of the estimated 13,105 housing units in San Dimas, based on 2022 population data and national average household size. The city has received $443,096 in LIHTC project tax credits, averaging $443,096 per project and $6,817 per unit. San Dimas holds about 0.01% of California's total LIHTC funding.
The sole LIHTC-funded project in San Dimas, Voorhis Village Apartments, was completed in 2013. This development offers a range of unit types: 9 one-bedroom, 24 two-bedroom, 2 three-bedroom, and 12 four-bedroom units. The project targets the "At-Risk" population, indicating a focus on providing housing for individuals or families vulnerable to housing instability.
San Dimas has experienced demographic shifts over the past decade that may correlate with its affordable housing development. The city's population has remained relatively stable, increasing slightly from 34,105 in 2020 to 34,203 in 2022. Median income has shown an overall upward trend, rising from $87,973 in 2013 to $97,915 in 2022, with some fluctuations in between.
Racial demographics in San Dimas have evolved. The Hispanic population has grown from 30% in 2013 to 37% in 2022, while the White population has decreased from 50% to 39% during the same period. The Asian population has seen a slight increase from 13% to 16%. These changes in demographics and income levels may influence the ongoing need for affordable housing in the city.
San Dimas's LIHTC-funded affordable housing, while modest in scale, provides an important resource for low-income residents. The Voorhis Village Apartments offers a range of unit sizes to accommodate diverse household needs, with a particular focus on at-risk populations. While the current LIHTC inventory represents a small percentage of the city's estimated housing stock, it plays a crucial role in providing affordable options in a city where median incomes have been rising. The changing demographic landscape of San Dimas may influence future affordable housing needs and development in the city.