Over the past decade, Grandview has experienced notable demographic shifts. The population has grown from 4,638 in 2016 to 5,702 in 2022, representing a 23% increase. Concurrently, the median income has fluctuated, rising from $62,249 in 2016 to $70,090 in 2022, an increase of about 12.6%.

The racial composition of Grandview has also evolved. The Hispanic population has grown from 10% in 2016 to 15% in 2022, while the white population has decreased from 87% to 81% during the same period. The city has also seen a slight increase in racial diversity, with the percentage of residents identifying as two or more races rising from 0% in 2016 to 3% in 2022.

Despite these demographic changes, no new LIHTC projects have been developed in Grandview since 2000. This could be attributed to the rising median income, which may have reduced the perceived need for additional affordable housing units.

Grandview's LIHTC-funded affordable housing inventory, while limited, has been a stable presence for over 30 years. The two existing projects provide 48 low-income units, primarily consisting of two-bedroom apartments. While the city has experienced population growth and increased racial diversity over the past decade, along with fluctuations in median income, these changes have not resulted in new LIHTC developments since 2000. The current affordable housing stock covers a small percentage of the city's estimated housing units, suggesting potential room for growth in affordable housing options to meet the needs of Grandview's evolving population.