The affordable housing inventory in zip code 27263 consists of a mix of unit types. There are 3 one-bedroom units, 42 two-bedroom units, 4 three-bedroom units, and 8 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes, with a particular emphasis on two-bedroom units.

Over the past decade, the population in zip code 27263 has shown a slight increase, growing from 21,574 in 2013 to 21,717 in 2022. The median income has also risen, from $43,849 in 2013 to $52,692 in 2022, indicating a general improvement in economic conditions.

Racial demographics have shifted somewhat during this period. The white population has decreased from 74% in 2013 to 64% in 2022, while there have been increases in the Black population (from 10% to 14%), Asian population (from 7% to 10%), and Hispanic population (from 5% to 9%). This trend suggests a growing diversity in the area.

Despite these demographic changes, no new LIHTC projects have been completed in zip code 27263 in the last decade. This could be due to various factors, such as changes in local housing policies, shifts in funding priorities, or potentially a reduced need for additional affordable housing units in the area.

Zip code 27263 has a modest LIHTC-funded affordable housing inventory, covering about 1.44% of its estimated housing stock. The area received $639,986 in LIHTC funding, representing 0.15% of North Carolina's total allocation. The affordable housing projects, completed between 1999 and 2003, provide a mix of unit sizes to accommodate diverse household needs. While the area has experienced population growth, increased median income, and growing racial diversity over the past decade, no new LIHTC projects have been developed during this period. This analysis provides insight into the affordable housing landscape of zip code 27263, though other affordable housing programs may also contribute to meeting the area's housing needs.