Belton has experienced significant population growth over the last decade, increasing from 31,084 in 2016 to 38,380 in 2022. Despite this growth, no new LIHTC projects have been developed during this period. The median income has fluctuated but generally increased from $67,795 in 2016 to $70,000 in 2022.

Racial demographics in Belton have remained relatively stable. The white population decreased slightly from 61% in 2016 to 60% in 2022. The Hispanic population has held steady at around 27-28% during this period. The Black population has remained consistent at 7%, while the Asian population has stayed at 1%. There has been a notable increase in individuals identifying as two or more races, growing from 1% in 2016 to 5% in 2022.

Belton's LIHTC-funded affordable housing inventory consists of a single project, Chisholm Trail Senior Village, which has been serving the community since 2006. The city has experienced significant population growth and slight increases in median income over the past decade, but there have been no new LIHTC developments during this time. The existing project provides a small but important contribution to the city's affordable housing needs, covering less than 1% of the estimated housing inventory. The racial demographics of Belton have remained relatively stable, with a slight increase in diversity as reflected in the growth of the multi-racial population.