The LIHTC-funded projects in this zip code offer a diverse range of unit types. There are 18 efficiency units, 56 one-bedroom units, 129 two-bedroom units, and 42 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a particular emphasis on small to medium-sized families.

Over the past decade, the population in zip code 90630 has remained relatively stable, with a slight increase from 49,503 in 2013 to 50,018 in 2022. During this period, the median income has risen significantly from $91,955 in 2013 to $106,275 in 2022, indicating overall economic growth in the area.

The racial composition of the zip code has also evolved. The Asian population has increased from 31% in 2013 to 37% in 2022, while the White population has decreased from 44% to 34% during the same period. The Hispanic population has seen a slight increase from 18% to 21%. These demographic shifts suggest a growing diversity in the area.

Despite these changes, no new LIHTC projects have been developed in the last decade. This could be attributed to the rising median income, which might have reduced the perceived need for additional affordable housing units.

Zip code 90630 in Cypress, California, has a modest LIHTC-funded affordable housing inventory, covering about 1.28% of the estimated housing stock. The area saw significant affordable housing development in the mid-2000s, with two notable projects completed during that time. While the population has remained relatively stable over the past decade, the area has experienced considerable income growth and increasing racial diversity. Despite these changes, no new LIHTC projects have been developed recently, possibly due to the rising median income. However, the existing affordable housing units continue to play a crucial role in providing housing options for lower-income residents in this evolving community.