The first LIHTC project in zip code 27522, Driftwood, was completed in 2008, while the most recent project, Wilton Place, was finished in 2018. This ten-year span demonstrates a decade of affordable housing development in the area. The 2010s saw the most LIHTC activity in this zip code.

The LIHTC inventory in zip code 27522 includes 12 one-bedroom units and 24 two-bedroom units. This distribution suggests a focus on housing for small families or individuals. Neither of the projects in this zip code has a specified target population, indicating they may serve a general low-income demographic.

Over the past decade, the zip code's population has shown overall growth, increasing from 11,895 in 2015 to 12,840 in 2022. The median income has fluctuated, peaking at $75,984 in 2015 and settling at $67,393 in 2022. This decline in median income could potentially indicate an increased need for affordable housing options.

The racial composition of zip code 27522 has remained relatively stable, with a slight decrease in the white population (from 64% in 2015 to 57% in 2022) and small increases in Black and Hispanic populations. The Black population rose from 24% to 26%, while the Hispanic population increased from 4% to 10% during this period. These demographic shifts may influence the demand for affordable housing in the area.

Zip code 27522 has seen a modest investment in LIHTC funded affordable housing over the past decade, with two projects providing 104 low-income units. While these units represent a small percentage of the estimated housing inventory, they play a role in addressing affordable housing needs. The area has experienced population growth and income fluctuations, along with slight shifts in racial demographics, which may impact future affordable housing requirements. The LIHTC projects in this zip code appear to cater to a general low-income population, with a mix of one and two-bedroom units suitable for various household sizes.