The LIHTC funded housing in Bessemer City includes 13 one-bedroom units, 46 two-bedroom units, and 32 three-bedroom units. This distribution suggests a focus on accommodating small to medium-sized families.

Over the past decade, Bessemer City's population has remained relatively stable, fluctuating between 9,958 and 10,376 residents. The median income has shown an overall upward trend, increasing from $31,069 in 2015 to $42,985 in 2022, which might indicate improving economic conditions for some residents.

Racial demographics have remained fairly consistent, with the white population comprising the majority (around 80% in recent years). There has been a slight increase in racial diversity, with small growth in the Hispanic population (from 3% in 2015 to 6% in 2022) and the Black population remaining relatively stable around 11-15%.

The lack of new LIHTC projects in the last decade could be due to the relatively stable population and increasing median income, potentially reducing the perceived need for additional affordable housing units.

Bessemer City's LIHTC funded affordable housing covers nearly 6% of the estimated housing stock, providing 234 low-income units. The city has received over half a million dollars in LIHTC funding, distributed across approximately four projects. The affordable housing inventory primarily consists of one to three-bedroom units, catering to various household sizes. While there has not been significant LIHTC activity in recent years, the existing projects continue to contribute to the city's affordable housing needs. The demographic trends, including a stable population and rising median income, may have influenced the recent patterns in affordable housing development.