The 1990s saw all three LIHTC projects completed in Guntersville. These projects include Lakeview Estates (1994), Mountain Lakes (1996), and Ridgewood Apartments (1998). In terms of unit distribution, the LIHTC-funded projects offer a mix of housing options: 33 one-bedroom units, 53 two-bedroom units, and 5 three-bedroom units. This range of unit sizes can accommodate various household compositions within the low-income community.

Over the past decade, Guntersville's population has remained relatively stable, fluctuating between 18,556 and 20,506 residents. The median income has shown a general upward trend, increasing from $41,876 in 2013 to $58,279 in 2022. This rise in median income might indicate a reduced need for additional affordable housing in recent years. Racial demographics have remained fairly consistent, with the white population comprising the majority at around 84-89% throughout the decade. There has been a slight increase in the Hispanic population, growing from 3% in 2013 to 7% in 2022. The black population has held steady at around 4-5%.

Guntersville's LIHTC-funded affordable housing inventory provides important housing options for low-income residents. The city's three LIHTC projects, all completed in the 1990s, offer a variety of unit sizes to accommodate different household needs. While the percentage of LIHTC-funded units relative to the estimated housing inventory is small, it represents a consistent commitment to affordable housing over nearly three decades. The recent increases in median income and relative stability in population and racial demographics suggest that the current affordable housing stock may be meeting the city's needs, though ongoing assessment would be beneficial to ensure this remains the case.