The LIHTC-funded housing in this zip code offers a range of unit types. There are 166 one-bedroom units, 166 two-bedroom units, 57 three-bedroom units, and 313 four-bedroom units. This distribution suggests accommodation for families of various sizes, with an emphasis on larger households.

Over the past decade, the zip code has experienced population fluctuations, with a general upward trend. The population increased from 24,979 in 2020 to 26,961 in 2022. Median income has also shown an overall increase, rising from $61,192 in 2020 to $60,257 in 2022, despite a slight decrease in the most recent year.

Racial demographics have shifted slightly, with the white population decreasing from 69% in 2020 to 67% in 2022. The Hispanic population has grown from 16% to 17% in the same period, while the Black population remained stable at around 10-11%. The Asian population has increased from 2% to 3%.

These demographic changes, particularly the population growth and income fluctuations, may indicate an ongoing need for affordable housing in the area. The racial diversification of the zip code also suggests that affordable housing options may be serving an increasingly diverse community.

Zip code 34471 in Ocala, Florida, demonstrates a commitment to affordable housing through its LIHTC-funded projects. With 702 total units, representing about 6.8% of the estimated housing inventory, these projects play a significant role in addressing affordable housing needs. The diverse unit types, from one to four bedrooms, cater to various household sizes. While no new LIHTC projects have been completed since 2006, the area's demographic trends, including population growth and income fluctuations, suggest an ongoing need for affordable housing options. The zip code's share of 0.15% of Florida's LIHTC funding underscores its contribution to the state's affordable housing efforts.