Canterbury, a neighborhood in Mobile, Alabama, contains 56 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. The neighborhood's estimated population in 2022 was 3,321 residents. With an approximate housing inventory of 1,272 units, LIHTC funded affordable housing represents about 4.4% of Canterbury's housing stock. This percentage contributes to the community's affordable housing needs but falls below the recommended 15-20% range for a well-balanced neighborhood.

The LIHTC program has invested $646,089 in tax credits in Canterbury, averaging $11,537 per unit in LIHTC funded projects. The neighborhood's LIHTC funded affordable housing is concentrated in a single project called Greystone Place, completed in 2014. This project introduced 56 affordable units, consisting of 14 one-bedroom, 28 two-bedroom, and 14 three-bedroom units, accommodating various household compositions within the low-income population.

Canterbury has experienced demographic shifts over the past decade that may correlate with the introduction of LIHTC funded housing. The population fluctuated, peaking at 3,965 in 2019 before declining to 3,321 in 2022. Despite these changes, the median income has generally increased, reaching $79,220 in 2022. Racial demographics have also shifted, with the white population percentage decreasing from 73% in 2013 to 63% in 2022, while the Black population increased from 22% to 29%. The Asian population increased from 2% to 4%. These changes indicate a gradual diversification of the neighborhood's racial composition.