The Clifton Place Apartments, completed in 2020, represents the most recent addition to the neighborhood's affordable housing inventory. This project added 183 one-bedroom units to the community, addressing a specific need for smaller, affordable living spaces.

Over the past decade, Clifton has experienced demographic shifts that may correlate with the development of LIHTC housing. The population increased from 9,152 in 2010 to 9,607 in 2022, suggesting a growing demand for housing. Median income rose from $40,015 in 2013 to $57,652 in 2022, potentially indicating a need for affordable housing options to maintain economic diversity.

Racial demographics have shown slight changes. The white population decreased from 71% in 2013 to 67% in 2022, while the Asian population increased from 8% to 12%. The Black population moved from 15% to 12%. This gradual diversification may have influenced the decision to invest in affordable housing to ensure a mixed-income community.

Clifton's LIHTC funded affordable housing inventory covers about 5% of the estimated housing units in the neighborhood. The recent completion of the Clifton Place Apartments in 2020 addressed a specific housing need. The neighborhood has experienced moderate population growth and significant income increases over the past decade, potentially driving the need for affordable housing options. The gradual diversification of the community may also have influenced LIHTC investments. While the current LIHTC inventory contributes to housing affordability in Clifton, opportunities for further development may exist to meet the typical 15-20% affordable housing target in a balanced community.