Zip code 52722 in Bettendorf, Iowa, contains a total of 224 units in Low-Income Housing Tax Credit (LIHTC) funded projects, with 167 of these designated as low-income units. These LIHTC funded affordable housing units represent approximately 1.4% of the total housing stock in the zip code, which is estimated at 15,890 units. The LIHTC projects in this zip code have received $3,430,184 in project tax credits, averaging about $15,313 in federal funding per unit. This zip code holds 1.63% of the total state LIHTC funding, indicating a moderate concentration of affordable housing investment in this area.

Affordable housing has been present in zip code 52722 for over two decades. The first LIHTC project, Cumberland House, was completed in 1999, while the most recent projects, Vera French Holiday Court and Hometown Harbor Bettendorf, were both completed in 2010. The 2000s saw the most affordable housing activity, with three out of four projects completed during this decade. The LIHTC funded projects in this zip code primarily consist of one-bedroom units, with 139 such units available. There are also 15 two-bedroom units, providing options for different household sizes. One notable project, Vera French Holiday Court, specifically targets individuals with mental illness, addressing a crucial need in the community.

Over the past decade, the population in zip code 52722 has grown steadily, increasing from 35,547 in 2013 to 41,472 in 2022. This growth of nearly 17% suggests an increasing demand for housing, including affordable options. The median income has also risen, from $86,838 in 2013 to $96,186 in 2022, indicating overall economic growth in the area. The racial composition of the zip code has remained relatively stable, with a slight decrease in the white population from 89% in 2013 to 83% in 2022. There has been a small increase in diversity, with the Asian population growing from 4% to 6% and the Hispanic population from 3% to 5% during this period.