The total of 144 low-income units across these two projects represents a significant contribution to affordable housing in the area. Both projects appear to cater to a general population, as no specific target population is indicated.

Over the past decade, the zip code has experienced demographic shifts that may correlate with the development of LIHTC projects. The population has shown a slight decline, from 2,884 in 2014 to 2,668 in 2022. Despite this decrease, the median income has remained relatively stable, fluctuating between $84,744 and $93,851 in recent years.

Racial demographics have shown notable changes. The white population has decreased from 89% in 2014 to 77% in 2022, while diversity has increased. The Hispanic population grew from 3% to 10%, and the Asian population increased from 1% to 6% during this period. These changes in demographic composition may have influenced the need for diverse and affordable housing options, aligning with the completion of the Freedom Village At Gibbsboro project in 2020.

The 08026 zip code demonstrates a commitment to affordable housing through its LIHTC-funded projects. With 144 low-income units, covering about 14.1% of the estimated housing inventory, the area is close to meeting typical affordable housing targets. The recent completion of Freedom Village At Gibbsboro in 2020 shows ongoing efforts to address affordable housing needs. The demographic shifts observed over the past decade, including increased diversity and stable median incomes, may have played a role in shaping the affordable housing landscape in this community. The LIHTC program has made a significant impact on the availability of affordable housing in this zip code, contributing to its housing diversity and potentially supporting the changing needs of its population.