The 2010s saw the most significant development of affordable housing in Riverside, with two projects completed in 2019 and 2020. These projects, Riverside Park Phase II and Riverside Park Phase III, added a substantial number of units to the neighborhood's affordable housing inventory.

The LIHTC funded projects in Riverside offer a diverse range of unit types. The inventory includes 59 one-bedroom units, 244 two-bedroom units, 142 three-bedroom units, and 43 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes, with a particular emphasis on two and three-bedroom units.

Over the past decade, Riverside has experienced some demographic shifts that coincide with the development of LIHTC projects. The population has remained relatively stable, fluctuating between 5,200 and 5,600 residents. However, the median income has shown a notable increase, rising from $54,212 in 2013 to $65,146 in 2022. This trend suggests an overall improvement in the economic conditions of the neighborhood.

Racial demographics have also shifted during this period. The white population has decreased from 79% in 2013 to 64% in 2022, while the Black population has increased from 9% to 17%. The Asian population has remained relatively stable at around 5%, and the Hispanic population has slightly increased from 5% to 6%. The proportion of residents identifying as two or more races has grown from 2% to 9%. These changes indicate a gradual diversification of the neighborhood's racial composition.

The completion of two LIHTC projects in 2019 and 2020 aligns with this period of demographic change, potentially contributing to the neighborhood's evolving socioeconomic landscape.

Riverside's LIHTC funded affordable housing inventory plays a significant role in the neighborhood's housing landscape, covering nearly a quarter of the estimated housing units. The neighborhood has seen consistent investment in affordable housing over the past 13 years, with a particular focus on family-sized units. The most recent projects, completed in 2019 and 2020, have substantially increased the affordable housing stock. These developments have occurred alongside demographic shifts, including rising median incomes and increasing racial diversity. The LIHTC program's ongoing investment in Riverside reflects a continued commitment to providing affordable housing options in this Cleveland neighborhood.