Zip code 95209 has experienced significant demographic changes over the past decade. The population increased from 40,274 in 2013 to 44,515 in 2022, indicating rising housing demand. Median income also grew from $78,963 in 2013 to $82,343 in 2022, suggesting improved economic conditions.

Racial demographics have shifted considerably. The Hispanic population increased from 27% in 2013 to 35% in 2022, while the White population decreased from 36% to 24% during the same period. The Asian population remained relatively stable, increasing slightly from 22% to 23%. These changes reflect the area's evolving diversity.

Despite demographic changes and population growth, no new LIHTC projects have been developed in the last decade. This could be attributed to various factors, including the area's relatively high median income, which may reduce the perceived need for additional low-income housing.

The analysis of zip code 95209 reveals a limited LIHTC-funded affordable housing inventory, with only one project completed in 2000. The area has experienced population growth and demographic shifts over the past decade, but there has been no corresponding increase in LIHTC-funded housing. The existing project focuses on family-sized units, primarily three-bedroom apartments. The rising median income and changing racial composition of the area present a complex picture of housing needs that may require further investigation to fully understand the current affordable housing landscape and future requirements.