The LIHTC-funded projects in zip code 27707 offer a diverse range of unit types. Out of the 1,542 total units, there are 3 efficiencies, 358 one-bedroom units, 1,032 two-bedroom units, 70 three-bedroom units, and 8 four-bedroom units. This distribution suggests a focus on accommodating small to medium-sized households.

Over the past decade, the population in zip code 27707 has grown from 42,581 in 2013 to 47,882 in 2022, an increase of about 12.4%. During this same period, the median income rose from $61,838 in 2013 to $68,631 in 2022, representing an 11% increase.

The racial composition of zip code 27707 has shifted. The percentage of White residents increased from 40% in 2013 to 44% in 2022, while the Black population decreased from 38% to 33%. The Asian population grew from 3% to 5%, and the Hispanic population remained relatively stable, moving from 13% to 14%.

The most recent LIHTC projects in zip code 27707 were completed in 2017, coinciding with a period of population growth and increasing median income. This suggests that affordable housing development was responding to the area's growing needs and changing demographics.

Zip code 27707 in Durham, North Carolina has a substantial LIHTC-funded affordable housing inventory, representing about 8.4% of the estimated total housing units. The area has seen consistent development of affordable housing over three decades, with a particular focus in the 1990s. The diverse unit types cater to various household sizes, with a predominance of two-bedroom units. The zip code's demographic trends, including population growth and increasing median income, align with the continued development of affordable housing through 2017. This LIHTC-funded housing plays a crucial role in maintaining housing accessibility in an area experiencing demographic and economic changes.