Over the past decade, Downtown Boise has experienced fluctuations in its population, with a general upward trend from 2,262 residents in 2018 to 2,530 in 2022. The median income has also shown significant growth, rising from $24,793 in 2018 to $32,922 in 2022, indicating improving economic conditions for residents.

The racial composition of the neighborhood has remained relatively stable, with a predominantly white population (84% in 2022). However, there has been a slight increase in diversity, with small but growing percentages of Asian, Black, and multiracial residents. The Hispanic population has fluctuated, decreasing from 10% in 2018 to 6% in 2022.

Despite the absence of new LIHTC projects since 2012, the demographic data suggests a continued need for affordable housing. The rising median income could potentially price out some residents, making the existing LIHTC units crucial for maintaining economic diversity in the neighborhood.

Downtown Boise's LIHTC-funded affordable housing inventory plays a significant role in the neighborhood's housing landscape, covering over half of the estimated housing units. The area has benefited from consistent affordable housing development between 2000 and 2012, with a diverse range of unit types catering to various household sizes. While the neighborhood has experienced population growth and increasing median incomes over the past decade, the existing LIHTC units remain vital for preserving affordability and diversity in this evolving urban center. The targeted senior housing project also demonstrates responsiveness to specific demographic needs within the community.