The affordable housing inventory in this zip code consists of 24 one-bedroom units, 18 two-bedroom units, and 8 three-bedroom units. This distribution suggests a focus on accommodating smaller households and families.

Over the past decade, the population in this zip code has shown a slight increase, growing from 25,650 in 2013 to 26,756 in 2022. The median income has also risen, from $66,154 in 2013 to $73,849 in 2022, indicating a gradual improvement in economic conditions.

Racial demographics have remained relatively stable, with the white population consistently representing the majority at around 88-90% of the total. There has been a small increase in diversity, with slight growth in the Hispanic population (from 3% to 4%) and those identifying as two or more races (from 3% to 5%) between 2013 and 2022.

The completion of the Voyageur Apartments in 2016 aligns with this period of population growth and increasing income, suggesting a response to the growing need for affordable housing options in the area.

The LIHTC program has contributed to the affordable housing inventory in zip code 59404 through three projects completed over two decades. These units provide low-income housing options in an area experiencing moderate population growth and rising incomes. The distribution of unit sizes indicates an effort to accommodate various household sizes, particularly smaller families and individuals. The consistent development of LIHTC projects over time suggests an ongoing commitment to addressing affordable housing needs in this zip code.