Zip code 68517 has experienced substantial population growth over the past decade. The population increased from 797 residents in 2010 to 1,370 in 2022, representing a 71.9% increase. This growth suggests an increasing demand for housing in the area.

The median income in zip code 68517 has fluctuated but generally remained high, ranging from $72,160 in 2013 to $82,837 in 2022. The high median income may explain the limited number of LIHTC projects, as the area may have a lower proportion of residents qualifying for low-income housing.

Racial demographics in zip code 68517 have remained relatively stable. The white population consistently represents the majority, comprising around 88-93% of residents. There has been a slight increase in diversity, with small growth observed in the Black, Hispanic, and multi-racial populations in recent years.

Zip code 68517 in Lincoln, Nebraska, contains one LIHTC-funded affordable housing project, Jack Estates, completed in 2018. This project provides 15 low-income units, primarily consisting of three- and four-bedroom apartments. The LIHTC-funded affordable housing covers a small percentage of the estimated housing inventory in the zip code. The area has experienced significant population growth over the past decade, coupled with consistently high median incomes. These factors, along with the relatively stable racial demographics, provide context for the current state of LIHTC-funded affordable housing in zip code 68517.