Zip code 37034 in Chapel Hill, Tennessee, contains Low-Income Housing Tax Credit (LIHTC) funded affordable housing. This zip code covers 70.74 square miles and had a population of 7,952 in 2022. The LIHTC program has funded 24 affordable housing units in this area, all classified as low-income units. These units constitute approximately 0.79% of the zip code's estimated 3,047 housing units.

The LIHTC program has allocated $36,734 in tax credits to zip code 37034, representing 0.01% of Tennessee's total LIHTC funding. Each affordable housing unit received an average of $1,531 in federal funding through this program. The affordable housing inventory in this zip code consists of one project, Spring Creek Apartments, completed in 1991. This project has provided affordable housing options for over three decades. Spring Creek Apartments contains 8 one-bedroom and 16 two-bedroom units.

The population in zip code 37034 has grown from 6,604 in 2015 to 7,952 in 2022. The median income increased from $64,618 in 2015 to $65,961 in 2022, with fluctuations in between. The racial distribution has remained predominantly white, decreasing slightly from 97% in 2015 to 93% in 2022. The percentage of residents identifying as two or more races increased from 0% in 2015 to 4% in 2022. Black and Hispanic populations have remained stable at approximately 1-2% each.