In total, the LIHTC projects in Downtown Manchester provide 5 one-bedroom units, 17 two-bedroom units, and 1 three-bedroom unit. This distribution indicates a focus on accommodating small families and individuals.

Downtown Manchester has experienced significant demographic shifts over the past decade. The population increased from 1,860 in 2017 to 2,314 in 2022, a growth of nearly 24%. This increase may indicate a rising need for affordable housing options.

Median income in the neighborhood rose from $23,742 in 2017 to $55,409 in 2022. Despite this increase, the need for affordable housing may remain significant, as the rising cost of living could outpace income growth for many residents.

The racial composition of the neighborhood has become more diverse. The percentage of white residents decreased from 76% in 2017 to 62% in 2022, while the Asian population increased from 2% to 10%. The Black population remained relatively stable at around 10-13%. This increasing diversity may necessitate culturally sensitive approaches to affordable housing development.

Downtown Manchester's LIHTC-funded affordable housing stock covers a relatively small portion of the estimated housing inventory. The neighborhood has experienced significant population growth, income increases, and increasing racial diversity over the past decade. These demographic shifts, combined with the absence of new LIHTC projects since 2002, suggest evolving affordable housing needs in the area. The existing LIHTC projects, particularly Millyard II, provide a foundation of affordable units, but the changing demographics of Downtown Manchester may warrant further assessment of affordable housing requirements to ensure alignment with the community's current needs.