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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Williston, a city in Florida, has a population of 4,701 as of 2022. The city's Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory comprises 101 total units, all of which are designated as low-income units. Based on the estimated housing inventory of 1,801 units, the LIHTC funded affordable housing accounts for approximately 5.6% of the city's housing stock.
Williston has two LIHTC funded projects: Williston Arms I and Arbours At Williston. Williston Arms I was completed in 1997, while Arbours At Williston was completed in 2006. This indicates that affordable housing has been present in the city for at least 25 years.
The 2000s saw the most affordable housing development, with Arbours At Williston, the larger of the two projects, being completed during this decade. This project added 72 units to the city's affordable housing inventory, including 8 one-bedroom, 32 two-bedroom, and 32 three-bedroom units. Williston Arms I, completed in 1997, contributed 29 units, primarily consisting of two-bedroom apartments.
In total, the LIHTC funded projects in Williston provide 9 one-bedroom units, 60 two-bedroom units, and 32 three-bedroom units. This distribution suggests a focus on accommodating small to medium-sized families.
Over the past decade, Williston's population has grown steadily, increasing from 4,021 in 2013 to 4,701 in 2022. The median income has fluctuated, reaching a peak of $54,253 in 2021 before decreasing to $39,553 in 2022. This recent decline in median income might indicate an increasing need for affordable housing options.
Racial demographics have shown some shifts, with the white population decreasing from 73% in 2013 to 67% in 2022. The Hispanic population has increased from 6% to 16% during the same period, while the Black population has remained relatively stable at around 12-13%. These demographic changes may influence future affordable housing needs and considerations.
Williston's LIHTC funded affordable housing inventory covers about 5.6% of the estimated housing stock, providing 101 low-income units across two projects. The city has seen a consistent presence of affordable housing since 1997, with the largest development occurring in the 2000s. The housing units are primarily two and three-bedroom apartments, catering to small and medium-sized families. Recent demographic trends, including population growth and fluctuations in median income, may influence future affordable housing needs in Williston.