The affordable housing inventory in zip code 35811 consists of a mix of unit types, including 24 one-bedroom, 59 two-bedroom, and 28 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, from individuals to small families.

One notable project, Olympia Gardens, targets individuals with mental illness. This specialized focus addresses the unique housing needs of a vulnerable population, potentially providing supportive services alongside affordable housing.

Over the past decade, the population in zip code 35811 has shown overall growth, increasing from 29,670 in 2019 to 31,882 in 2022. The median income has also risen significantly, from $68,458 in 2019 to $72,086 in 2022, indicating improving economic conditions for residents.

Racial demographics have remained relatively stable, with the white population consistently representing about 65% of the total, and the Black population around 26-27%. The Hispanic population has held steady at about 4% throughout this period.

Despite the population growth and rising median income, no new LIHTC projects have been recorded in the last decade. This could suggest that the existing affordable housing stock, combined with the improving economic conditions, may be meeting the current needs of the low-income population in this area.

Zip code 35811 in Huntsville, Alabama, has a modest LIHTC-funded affordable housing inventory, covering less than 1% of its estimated housing stock. The area has seen two LIHTC projects completed in the early 2000s, with a total investment of over $1 million. While the population and median income have grown in recent years, the racial demographics have remained stable. The lack of recent LIHTC development, coupled with economic improvements, may indicate a current balance between affordable housing supply and demand in this zip code.