LIHTC funded affordable housing in this zip code spans from 2008 to 2016. Jessup Senior Housing, completed in 2008, was the first project. St Michaels On The Hill, finished in 2016, was the most recent addition. The 2010s saw the most affordable housing development activity, with two projects completed during this decade.

The housing inventory includes 46 one-bedroom units, 31 two-bedroom units, 19 three-bedroom units, and 5 four-bedroom units. This distribution suggests an effort to accommodate various household sizes and needs within the affordable housing stock.

Over the past decade, the zip code's population decreased slightly from 4,877 in 2010 to 4,767 in 2022. The median income fluctuated, with the most recent data showing $61,018 in 2022, down from a peak of $70,775 in 2014. This trend might indicate an ongoing need for affordable housing options in the area.

Racial demographics have remained relatively stable, with a predominantly white population. However, there has been a small increase in diversity, with the Hispanic population growing from 3% in 2013 to 9% in 2022, and a slight increase in residents identifying as two or more races.

Zip code 18434 in Jessup, Pennsylvania, has a significant LIHTC funded affordable housing presence, covering about 7% of the estimated housing inventory. The area has seen consistent development of affordable housing projects from 2008 to 2016, with a diverse mix of unit types to accommodate various household sizes. The slightly decreasing population, fluctuating median income, and increasing diversity suggest an ongoing need for affordable housing options. The LIHTC program has played a crucial role in addressing this need, contributing over $2 million in tax credits to support affordable housing development in this zip code.