The affordable housing stock in Southern Side is varied, consisting primarily of two-bedroom units (25), followed by one-bedroom units (12), and three-bedroom units (7). This distribution suggests a focus on accommodating small to medium-sized families and individuals.

Over the past decade, the Southern Side neighborhood has undergone significant demographic changes. The population has increased from 2,935 in 2020 to 3,599 in 2022, indicating rapid growth. Simultaneously, the median income has risen from $42,605 in 2020 to $42,762 in 2022, suggesting an overall improvement in economic conditions.

Racial demographics have also shifted. The proportion of Black residents decreased from 49% in 2020 to 41% in 2022, while the White population increased from 39% to 43% during the same period. The Hispanic population has also grown, from 8% to 13%.

These demographic changes, particularly the rising median income and shifting racial composition, may indicate evolving housing needs in the neighborhood. While no new LIHTC projects have been completed in the last decade, the existing affordable housing stock continues to play a crucial role in maintaining diversity and accessibility in the area.

The Southern Side neighborhood of Greenville demonstrates a modest but significant LIHTC-funded affordable housing inventory, representing about 3.2% of the estimated housing stock. The area has received substantial investment through the LIHTC program, with an average of $8,053 in tax credits per unit. The affordable housing development spans from 1992 to 2007, with the largest project, Mulberry Court Apartments, significantly increasing the inventory in 2007. Recent years have seen rapid population growth, increasing median incomes, and shifting racial demographics, which may influence future affordable housing needs in the neighborhood. While no new LIHTC projects have been completed in the last decade, the existing affordable units continue to play a vital role in the neighborhood's housing landscape.