Over the past decade, the Drake neighborhood has experienced some demographic shifts. The population has remained relatively stable, with a slight decrease from 12,116 in 2015 to 11,459 in 2022. Median income has shown an upward trend, rising from $36,850 in 2015 to $44,504 in 2022, representing a 20.8% increase.

Racial demographics have also evolved. The white population has remained the majority but decreased slightly from 62% in 2015 to 60% in 2022. The Black population has remained relatively stable, moving from 15% to 14% during the same period. The Asian population has increased from 3% to 9%, while the Hispanic population has decreased slightly from 11% to 9%.

Despite these demographic changes, no new LIHTC projects have been developed in the neighborhood over the past decade. This could be due to various factors, including the increasing median income, which may have reduced the perceived need for additional affordable housing units.

The Drake neighborhood's LIHTC-funded affordable housing inventory consists of 21 units across two projects, both completed in 1989. While this represents a small portion of the estimated housing stock, it has provided consistent affordable housing options for over 30 years. The neighborhood has experienced moderate demographic changes in recent years, including an increase in median income and shifts in racial composition. However, these changes have not led to new LIHTC developments in the past decade. Further analysis of other affordable housing programs and local housing policies would be necessary to fully understand the neighborhood's affordable housing landscape.