The housing inventory consists of 2 one-bedroom units and 4 two-bedroom units, suggesting a mix designed to accommodate different household sizes within the senior population. The absence of larger units aligns with the typical needs of senior residents.

Over the past decade, zip code 62295 has experienced demographic shifts. The population has decreased from 2,117 in 2015 to 1,735 in 2022, representing an 18% decline. Despite this population decrease, the median income has risen from $70,312 in 2015 to $79,777 in 2022, indicating an overall improvement in economic conditions for the remaining residents.

The racial composition of the zip code has remained relatively stable, with a predominantly white population (93% in 2022). There has been a slight increase in Hispanic representation, from 2% in 2015 to 4% in 2022, suggesting a minor shift in the area's diversity.

The lack of new LIHTC projects in the last decade could be attributed to the declining population and rising median income, which may have reduced the perceived need for additional low-income housing units.

Zip code 62295 in Valmeyer, Illinois, demonstrates a focused approach to affordable housing through its single LIHTC funded project, Valmeyer Senior Apts. This project, completed in 1995, provides 24 low-income units specifically designed for senior residents. While the LIHTC funded housing represents a small percentage of the estimated housing inventory, it plays a crucial role in serving the senior population.

The area has experienced population decline and income growth over the past decade, which may have influenced the lack of new LIHTC developments. Despite these changes, the existing affordable housing continues to serve an important segment of the community, contributing to the overall housing diversity in the zip code.