The LIHTC-funded projects in zip code 37122 offer a range of unit types. There are 32 one-bedroom units, 131 two-bedroom units, and 111 three-bedroom units. This distribution indicates a focus on accommodating families of various sizes within the affordable housing inventory.

The population in zip code 37122 has grown significantly over the past decade, increasing from 47,385 in 2013 to 66,652 in 2022, representing a growth rate of 40.7%. During this same period, the median income has risen from $80,949 in 2013 to $96,777 in 2022, an increase of 19.6%.

The racial demographics of zip code 37122 have remained relatively stable, with a slight decrease in the white population from 89% in 2013 to 81% in 2022. There has been a modest increase in diversity, with small growth in the Black, Hispanic, and Asian populations.

Despite the population growth and rising median income, there have been no new LIHTC projects in zip code 37122 in the last decade. This could be attributed to the relatively high median income in the area, which may reduce the perceived need for additional affordable housing units.

Zip code 37122 has a modest LIHTC-funded affordable housing inventory, with 274 total units developed between 1997 and 2005. These projects represent a small portion of the estimated housing stock but have received significant federal investment. The area has experienced substantial population growth and income increases over the past decade, which may impact future affordable housing needs and development opportunities in this zip code.