The LIHTC-funded projects in zip code 45036 primarily consist of larger units. There are at least 2 two-bedroom units and 104 three-bedroom units, suggesting a focus on accommodating families or larger households.

Over the past decade, zip code 45036 has experienced steady population growth, increasing from 38,480 in 2010 to 42,923 in 2022. The median income has also risen significantly, from $81,499 in 2013 to $89,522 in 2022, with a peak of $99,614 in 2021. This trend suggests an overall improvement in economic conditions for the area.

Racial demographics have remained relatively stable, with a slight increase in diversity. The white population decreased marginally from 86% in 2013 to 84% in 2022, while the Asian population increased from 1% to 4%, and the Black population from 7% to 8% during the same period.

Despite the growth in population and income, no new LIHTC projects have been completed since 2004. This could be due to the area's rising median income, which may have reduced the perceived need for additional low-income housing units.

Zip code 45036 in Lebanon, Ohio, has a modest LIHTC-funded affordable housing inventory, covering less than 1% of the estimated total housing stock. The area received a notable amount of LIHTC funding, primarily used to develop family-sized units in the 1990s and early 2000s. While the population and median income have grown over the past decade, there has not been recent LIHTC development activity. This analysis provides insights into the affordable housing landscape of the zip code, reflecting its historical investment in low-income housing and current demographic trends.