Zip code 03253, encompassing Meredith, New Hampshire, contains 32 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. All of these units are designated as low-income. The estimated housing inventory for this zip code is approximately 2,711 units, based on the 2022 population of 7,075 and the national average household size. LIHTC funded affordable housing comprises about 1.18% of the estimated housing inventory in zip code 03253.

The LIHTC program has invested $531,936 in tax credits for affordable housing projects in zip code 03253. This equates to an average federal funding of $16,623 per unit. This investment represents 1.06% of the total LIHTC funding allocated to New Hampshire. The Boynton project, completed in 2009, is the only LIHTC funded development in this zip code. It has provided affordable housing options to the community for over a decade. The Boynton offers 3 one-bedroom, 17 two-bedroom, and 12 three-bedroom units, accommodating various household sizes and needs.

The population in zip code 03253 has increased steadily over the past decade, growing from 6,446 in 2017 to 7,075 in 2022, representing a growth of about 9.8%. This population growth may indicate an increasing demand for housing, including affordable options. Median income in the area has fluctuated, with the most recent data showing a decrease from $67,506 in 2021 to $51,643 in 2022. This significant drop in median income could potentially increase the need for affordable housing options in the future.