The 1990s saw the most activity in LIHTC project completions, with two projects (Chateau Apts and Brownstone #2) finished in consecutive years. The 2000s and early 2010s each saw one project completion, indicating a continued, albeit slower, pace of affordable housing development.

The housing mix in LIHTC-funded projects in Greater Alberta is diverse. Of the 245 total units, there are 32 one-bedroom units, 153 two-bedroom units, and 6 three-bedroom units. This distribution suggests a focus on accommodating small to medium-sized households.

Over the past decade, Greater Alberta has experienced modest population growth, increasing from 20,951 in 2013 to 22,505 in 2022. The median income has shown some fluctuation but has generally increased from $40,505 in 2013 to $42,468 in 2022.

Racial demographics have remained relatively stable, with the Black population consistently representing the largest group, followed closely by the White population. The Hispanic population has seen a slight increase from 6% in 2013 to 7% in 2022.

While no new LIHTC projects have been completed since 2012, the steady population growth and relatively stable median income suggest a continued need for affordable housing options in the neighborhood.

Greater Alberta's LIHTC-funded affordable housing inventory, while modest in relation to the estimated total housing stock, represents a long-term commitment to providing low-income housing options. The neighborhood has seen LIHTC projects developed over three decades, with a mix of unit sizes catering to diverse household needs. Despite no new LIHTC projects in the last decade, demographic trends indicate a potential ongoing need for affordable housing as the population continues to grow and income levels fluctuate. The existing LIHTC inventory serves as a foundation for addressing affordable housing needs in Greater Alberta, though it may require complementary programs or initiatives to fully meet the community's affordable housing requirements.