The LIHTC-funded housing inventory in zip code 94515 includes a variety of unit types, consisting of 30 one-bedroom units, 17 two-bedroom units, and 16 three-bedroom units. This diverse range of unit sizes accommodates various household configurations and needs within the community.

Over the past decade, the population in zip code 94515 has remained relatively stable, fluctuating between 6,700 and 7,200 residents. The median income has shown an overall increasing trend, rising from $83,073 in 2013 to $90,129 in 2022. This upward trajectory in income levels may have influenced the demand for affordable housing in the area.

Racial demographics in zip code 94515 have remained fairly consistent, with the white population comprising the majority (around 57-63% in recent years), followed by a significant Hispanic population (34-38%). The Asian, Black, and multiracial populations have maintained small but steady percentages. This demographic stability may have factored into the planning and development of LIHTC projects in the area.

Zip code 94515 demonstrates a modest but important LIHTC-funded affordable housing presence, with 120 total units serving the community. The area has seen consistent investment in affordable housing over two decades, with the most recent developments occurring in the 2010s. While the LIHTC projects cover only a small percentage of the estimated housing inventory, they provide crucial support for low-income residents in an area with rising median incomes. The diversity in unit types suggests an effort to accommodate various household sizes and needs within the affordable housing stock.