The neighborhood's LIHTC-funded project, Garfield School Senior Residences, was completed in 2019. This recent development indicates a relatively new focus on affordable housing in Stewartville. The project consists of 48 one-bedroom units and 9 two-bedroom units, suggesting a focus on smaller household sizes, which aligns with senior housing needs.

Over the past decade, Stewartville has experienced demographic shifts that may correlate with the implementation of LIHTC-funded housing. The neighborhood's population has remained relatively stable, fluctuating between 910 and 1,019 residents. The median income has shown an upward trend, rising from $64,400 in 2013 to $89,401 in 2022.

Racial demographics have also shifted during this period. The white population percentage decreased from 85% in 2013 to 71% in 2022, while the Hispanic population increased from 9% to 21% during the same timeframe. This diversification of the neighborhood may reflect changing housing needs and could have influenced the decision to introduce LIHTC-funded housing.

The introduction of senior housing through the Garfield School Senior Residences project in 2019 aligns with the neighborhood's evolving demographics and potentially addresses the needs of an aging population within the community.

Stewartville's LIHTC-funded affordable housing inventory, while consisting of a single project, makes a significant contribution to the neighborhood's housing stock. The Garfield School Senior Residences provides 57 units of affordable housing, primarily catering to smaller households and seniors. This development aligns with the neighborhood's changing demographics, including income growth and increased diversity. The LIHTC program's investment of nearly $1 million in tax credits demonstrates a substantial commitment to affordable housing in this Moline neighborhood, contributing to a more balanced and inclusive community.