Buena Park has experienced demographic shifts over the past decade. The population has remained relatively stable, decreasing slightly from 11,293 in 2014 to 11,220 in 2022. However, the median income has increased from $58,987 in 2014 to $71,147 in 2022, indicating a potential rise in the neighborhood's overall economic status.

Racial demographics have evolved, with the white population decreasing from 68% in 2014 to 61% in 2022, while the Asian population increased from 7% to 11%. The Hispanic population grew from 11% to 15% during this period, suggesting a trend towards increased diversity in the neighborhood.

Despite these demographic changes, no new LIHTC projects have been developed in Buena Park over the past decade. This could be due to various factors, including limited available land for development, changes in local housing policies, or a shift in focus to other housing programs.

Buena Park's LIHTC-funded affordable housing inventory, while modest in size, has been a consistent part of the neighborhood for over 30 years. The existing projects provide a mix of unit types, primarily catering to smaller households. While demographic changes have occurred, including increases in median income and racial diversity, the LIHTC inventory has remained stable. This analysis provides insight into the role of LIHTC-funded housing in Buena Park, though it is important to note that other affordable housing programs may also contribute to the neighborhood's overall affordable housing stock.