The available data indicates a distribution of unit types within these projects, including 22 one-bedroom units, 210 two-bedroom units, and 22 three-bedroom units. This suggests a focus on accommodating small to medium-sized households within the affordable housing inventory.

Over the past decade, Derby has experienced steady population growth, increasing from 27,369 in 2013 to 29,405 in 2022. During this period, the median income has also risen, from $72,007 in 2013 to $79,383 in 2022. This economic growth may have influenced the need for affordable housing options.

The racial demographics of Derby have remained relatively stable, with a slight decrease in the white population from 86% in 2013 to 80% in 2022. There has been a small increase in diversity, particularly in the Hispanic population, which grew from 6% to 10% during this period. The city has also seen a slight increase in residents identifying as two or more races, from 3% to 6%.

The completion of the Homestead Senior Residences Derby project in 2019 aligns with the trend of an aging population, potentially addressing the housing needs of older residents in the community.

Derby's LIHTC-funded affordable housing inventory represents a small but significant portion of the city's housing stock. The city has consistently participated in the LIHTC program over nearly three decades, with projects tailored to meet various housing needs. The demographic trends, including population growth and increasing median income, suggest an evolving demand for diverse housing options in Derby.