The 1990s saw the most affordable housing development in this zip code, with both LIHTC projects being completed during this decade. Ashleyer Village Apartments provides 184 units, all designated as low-income. Shady Shores Apartments contributes an additional 40 units, with 4 of those being low-income units.

The LIHTC projects in this zip code offer a mix of housing options. There are 64 one-bedroom units, 36 two-bedroom units, and 16 three-bedroom units. This range of unit sizes can accommodate various household compositions.

Over the past decade, the zip code has experienced population growth, increasing from 10,664 in 2013 to 12,108 in 2022. The median income has risen from $82,466 in 2013 to $98,686 in 2022, indicating an improving economic situation for residents.

Racial demographics have shifted during this period. The white population has decreased from 77% in 2013 to 65% in 2022, while the Hispanic population has increased from 15% to 28%. There have been slight increases in the Black and Asian populations.

Despite demographic changes and the lack of new LIHTC projects in the last decade, the existing affordable housing continues to play a role in the community. The rising median income might suggest a decreased need for additional affordable housing, but income growth may not be uniform across all segments of the population.

Zip code 75065 in Hickory Creek, Texas, has a modest LIHTC-funded affordable housing inventory, representing about 4.83% of the estimated total housing stock. The area saw LIHTC development activity in the 1990s, resulting in two projects that provide a mix of unit types to serve different household sizes. The area has experienced population growth and significant increases in median income. The racial composition has also diversified, with a notable increase in the Hispanic population. These demographic shifts, coupled with the existing affordable housing stock, contribute to the housing landscape of this zip code.