The LIHTC funded housing stock in zip code 27312 primarily consists of one-bedroom and two-bedroom units, with 91 and 105 units respectively. There are also 2 three-bedroom units, providing some options for larger families.

Over the past decade, zip code 27312 has experienced steady population growth, increasing from 17,377 in 2010 to 23,043 in 2022. This 32.6% population increase may have contributed to the need for additional affordable housing, as evidenced by the completion of three LIHTC projects during this period.

The median income in zip code 27312 has also risen, from $73,801 in 2013 to $89,102 in 2022. Despite this increase, the continued development of affordable housing suggests an ongoing need for low-income housing options in the area.

Racial demographics in zip code 27312 have remained relatively stable, with the white population consistently representing around 80% of residents. The Black population has slightly decreased from 13% to 10%, while the Hispanic population has increased from 4% to 6% over the past decade. This demographic stability, combined with population growth, may have influenced the steady development of LIHTC projects in the area.

Zip code 27312 demonstrates a consistent commitment to affordable housing through its LIHTC funded projects. With 252 total units, including 180 low-income units, these projects play a role in addressing housing needs in the area. The long-term presence of affordable housing, spanning from 1987 to 2021, reflects ongoing efforts to maintain and expand housing options for low-income residents. While the LIHTC funded units represent a small percentage of the estimated housing inventory, they contribute to the area's housing diversity. The correlation between population growth, rising median incomes, and continued LIHTC development suggests a balanced approach to housing in this zip code.