LIHTC-funded affordable housing has been present in this zip code for over a decade. The earliest project, Lincoln Creek Apartments, was completed in 2006, while the most recent, Heritage Commons Phase 2, was finished in 2013. The most active period for LIHTC development was 2006, with three projects completed that year: Lincoln Creek Apartments, Second Street Senior Apartments, and Bristol Apartments.

The affordable housing inventory in this zip code offers a range of unit types. There are 272 one-bedroom units, 209 two-bedroom units, and 103 three-bedroom units, catering to various household sizes and needs.

One project, Moonlight Apartments, completed in 2010, targets the "At-Risk" population. This focus highlights the LIHTC program's ability to address the needs of vulnerable community members.

Examining demographic trends over the past decade reveals correlations with LIHTC development. The population has grown steadily, increasing from 21,424 in 2010 to 23,868 in 2022. Median income has risen, from $79,480 in 2013 to $88,322 in 2022, potentially influencing the demand for affordable housing.

Racial demographics have shifted slightly, with the Hispanic population increasing from 39% in 2013 to 41% in 2019, before returning to 39% in 2022. The white population has decreased from 52% in 2013 to 51% in 2022, while the Asian population has grown from 1% to 4% during the same period.

In summary, LIHTC-funded affordable housing plays a significant role in zip code 95620, providing a substantial number of low-income units. The program has invested in the area over the years, with projects catering to various populations and unit types. While the affordable housing stock represents a notable portion of the estimated housing inventory, ongoing demographic changes may continue to shape the demand for affordable housing in this community.