The LIHTC funded housing inventory in zip code 36756 consists of 45 one-bedroom units, 62 two-bedroom units, and 1 three-bedroom unit. This distribution indicates a focus on accommodating smaller households and families.

Over the past decade, zip code 36756 has experienced a gradual population decline, from 6,615 in 2013 to 5,798 in 2022. The median income has fluctuated, reaching a peak of $38,150 in 2014 but settling at $24,690 in 2022. The racial composition has remained relatively stable, with a slight increase in the Black population from 53% in 2013 to 61% in 2022, while the White population decreased from 38% to 37% during the same period.

The absence of new LIHTC projects since 2011 may be attributed to the declining population, potentially reducing the demand for additional affordable housing units. However, the fluctuating median income suggests that there might still be a need for affordable housing options in the area.

Zip code 36756 has a modest LIHTC funded affordable housing inventory, covering about 5.27% of the estimated housing stock. The area has seen three LIHTC projects completed between 1996 and 2011, with a total investment of $246,454 in tax credits. The housing units are primarily one and two-bedroom apartments, catering to smaller households. While the population has been declining over the past decade, the fluctuating median income and stable racial composition suggest that the need for affordable housing may still persist in this community.