Zip code 90042, located in Los Angeles, California, has a total of 211 units in Low-Income Housing Tax Credit (LIHTC) funded projects, with 204 of these designated as low-income units. This represents approximately 0.95% of the total estimated housing stock of 22,098 units in the zip code. The LIHTC projects in this area have received $1,888,678 in tax credits, averaging about $8,951 per unit in federal funding, which accounts for 0.06% of California's total LIHTC funding.

Affordable housing has been present in zip code 90042 for over two decades. The first LIHTC project, Avenida Terrace Apts, was completed in 1995, and the most recent, Pisgah Village, was finished in 2005. The early 2000s saw the most activity, with three projects (Chestnut Village, Highland Village, and Pisgah Village) completed during this period. These LIHTC funded projects offer a diverse range of unit types, including 16 efficiencies, 35 one-bedroom units, 63 two-bedroom units, 44 three-bedroom units, and 9 four-bedroom units.

Zip code 90042 has experienced demographic shifts over the past decade. The population has decreased from 62,169 in 2018 to 57,677 in 2022. Despite this decline, the median income has increased from $65,644 in 2018 to $76,971 in 2022, indicating an overall improvement in economic conditions. Racial demographics have also changed slightly, with the Hispanic population decreasing from 65% in 2018 to 58% in 2022, and the white population increasing from 18% to 22% during the same period. The Asian and Black populations have remained relatively stable at 13% and 2% respectively.