The initial LIHTC projects in zip code 27513 were completed in 1990, with the most recent project finished in 2005. This represents a 15-year span of affordable housing development in the area. The 1990s experienced the highest number of affordable housing project completions in this zip code.

The affordable housing inventory in zip code 27513 primarily consists of two-bedroom units (18 units) and one-bedroom units (6 units). The largest project, Weatherstone Spring Congregate Care Living Seniors, completed in 2005, accounts for 72 of the 78 total units.

From 2013 to 2022, the population in zip code 27513 increased from 43,152 to 48,811, a growth of approximately 13%. During this same period, the median income increased from $96,406 to $105,889, representing a 9.8% rise.

The racial demographics in zip code 27513 have remained relatively stable. The white population decreased slightly from 68% in 2013 to 64% in 2022. The Asian population increased from 12% to 14%, while the Hispanic population grew from 7% to 9% during this period.

Despite the population growth and increasing median income, no new LIHTC projects have been developed in zip code 27513 since 2005. This absence of new developments may be attributed to the area's high median income, potentially reducing the perceived need for additional affordable housing units.

Zip code 27513 in Cary, North Carolina has a small inventory of LIHTC funded affordable housing, constituting less than 1% of the estimated total housing units. The area has experienced significant population growth and income increases over the past decade, with minor shifts in racial demographics. While LIHTC development was active in the 1990s and early 2000s, no new projects have been completed since 2005, possibly due to the area's high median income and changing demographics.