Over the past decade, Halcyon Foothill has experienced demographic shifts. The population has remained relatively stable between 18,000 and 19,000 residents. However, the median income has increased significantly, rising from $66,152 in 2013 to $80,912 in 2022, a 22% growth.

The racial composition of the neighborhood has also changed. The Asian population increased from 28% in 2013 to 38% in 2022. The Hispanic population decreased from 37% to 31% during the same period. The Black population remained relatively stable at 10-12%, while the White population decreased slightly from 19% to 16%.

These demographic shifts, particularly the rising median income, may suggest changing housing needs in the neighborhood. The increase in median income could potentially reduce the demand for additional affordable housing units in recent years, which aligns with the lack of new LIHTC projects since 2014.

Halcyon Foothill's LIHTC-funded affordable housing inventory, while modest in size, represents an important component of the neighborhood's housing landscape. The existing projects provide 92 low-income units, primarily consisting of efficiency apartments. The neighborhood has experienced demographic changes over the past decade, including a significant increase in median income and shifts in racial composition. These changes may influence future affordable housing needs and development in the area. While the current LIHTC-funded units cover only a small percentage of the estimated housing inventory, they play a significant role in providing affordable options in a neighborhood with rising income levels.