Zip code 93023, encompassing Mira Monte in California, contains a unique Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This zip code covers 308.98 square miles and had a population of 21,018 in 2022. Based on the national average household size of 2.61, the estimated housing inventory is approximately 8,053 units. The LIHTC program has funded a total of 21 units in this zip code, with 2 designated as low-income units. This represents about 0.26% of the estimated housing inventory, indicating that LIHTC funded affordable housing covers a small portion of the zip code's housing stock.

The LIHTC program has invested $440,280 in tax credits for affordable housing projects in this zip code. This translates to an average federal funding of $20,966 per unit. The zip code's LIHTC funding represents 0.01% of the total state funding allocated to California. The only LIHTC funded project in this zip code is Montgomery Oaks, completed in 2010. This project has been providing affordable housing options in the area for over a decade. It consists of 21 total units, including 9 two-bedroom and 12 three-bedroom units, catering to various family sizes.

Over the past decade, the population in this zip code has remained relatively stable, with slight fluctuations. The population increased from 19,695 in 2019 to 21,018 in 2022. Median income has shown an upward trend, rising from $86,508 in 2019 to $87,898 in 2022, with a peak of $93,177 in 2021. Racial demographics have remained fairly consistent, with the white population being the majority. However, there has been a slight decrease in the white population from 75% in 2020 to 71% in 2022. The Hispanic population has increased slightly from 18% to 22% during the same period. The Asian population and those identifying as two or more races have also seen small increases.