The LIHTC-funded housing stock in zip code 55411 offers a diverse range of unit types. There are 126 efficiencies, 441 one-bedroom units, 522 two-bedroom units, 183 three-bedroom units, and 24 four-bedroom units. This variety caters to different household sizes and needs within the low-income population.

Some projects target specific populations. St. Anne's Senior Housing, completed in 2007, focuses on long-term homeless single adults. Great River Landing, finished in 2019, also targets the long-term homeless population. These specialized projects address the unique needs of vulnerable groups within the community.

Over the past decade, zip code 55411 has experienced population growth, increasing from 27,852 in 2013 to 31,054 in 2022. Median income has also risen significantly, from $36,204 in 2013 to $46,467 in 2022. This income growth may indicate improving economic conditions for some residents, but it also underscores the continued need for affordable housing options.

The racial composition of zip code 55411 has remained relatively stable, with a slight increase in the white population from 16% in 2013 to 22% in 2022, and a small decrease in the Black population from 50% to 49% during the same period. The Hispanic population has grown slightly from 9% to 11%. These demographic shifts, while modest, may influence the ongoing need for diverse and inclusive affordable housing options.

Zip code 55411 in Minneapolis has a substantial LIHTC-funded affordable housing inventory, covering about 12.5% of the estimated housing stock. The area has seen consistent investment in affordable housing over nearly three decades, with a diverse range of unit types and some projects targeting specific vulnerable populations. While the zip code has experienced population and income growth, the continued presence of LIHTC projects suggests an ongoing need for affordable housing options in this community.