Asheboro, North Carolina, home to the North Carolina Zoo, has a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 323 total units, with 214 designated as low-income units. This represents approximately 1.68% of the city's estimated 19,266 housing units. The city has received $2,257,227 in project tax credits for affordable housing through the LIHTC program, distributed across approximately 7 projects. This equates to an average of $322,461 in federal funding per project, or about $6,988 per unit. Asheboro's share of North Carolina's total LIHTC funding is 0.52%.

The development of LIHTC-funded affordable housing in Asheboro spans from 1992 to 2013, with the 1990s seeing the most activity. The units are diverse, comprising 92 one-bedroom, 126 two-bedroom, and 69 three-bedroom units, accommodating various family sizes and needs. This distribution reflects an effort to address different household requirements within the affordable housing sector.

Asheboro's population has grown from 47,968 in 2013 to 50,283 in 2022, while the median income has increased from $42,020 to $46,104 during the same period. These changes suggest an evolving economic landscape and potentially changing affordable housing needs. Racial demographics have also shifted, with the white population decreasing from 70% to 65%, the Hispanic population increasing from 19% to 23%, and the black population growing slightly from 6% to 9% between 2013 and 2022.