Over the past decade, Cresthaven's population has remained relatively stable, fluctuating between 8,200 and 8,900 residents. The median income has shown an upward trend, increasing from $43,420 in 2017 to $51,651 in 2022. This rise in median income coincides with the completion of the LIHTC projects in 2018, potentially indicating a positive impact on the neighborhood's economic profile.

Racial demographics in Cresthaven have shifted over the past decade. The white population has decreased from 50% in 2017 to 37% in 2022, while the Hispanic population has increased from 25% to 30% during the same period. The Black population has remained relatively stable, fluctuating between 14% and 24%. The Asian population has seen a modest increase from 3% to 6%. These changes in racial composition occurred alongside the introduction of LIHTC housing, possibly reflecting changing neighborhood dynamics and housing needs.

Cresthaven's LIHTC funded affordable housing inventory, while covering a modest portion of the estimated housing stock, represents a significant investment in the neighborhood. The concentration of project completions in 2018 suggests a targeted effort to address affordable housing needs. The diverse unit mix caters to various household sizes, potentially supporting a range of community members. The concurrent trends of rising median income and shifting racial demographics indicate a neighborhood in transition, with LIHTC projects potentially playing a role in these changes. This analysis provides insights into how LIHTC funded housing contributes to the affordable housing landscape in Cresthaven.