The LIHTC-funded housing in Hermitage offers a diverse range of unit types. Of the 108 total units, 36 are one-bedroom, 18 are two-bedroom, 49 are three-bedroom, and 5 are four-bedroom units. This distribution suggests a focus on accommodating families of various sizes.

Over the past decade, Hermitage's population has shown a slight decline, from 16,350 in 2010 to 16,202 in 2022. Despite this minor decrease, the median income has risen from $57,856 in 2013 to $60,937 in 2022, indicating a general improvement in economic conditions.

The racial composition of Hermitage has remained relatively stable, with a slight decrease in the white population from 93% in 2013 to 88% in 2022. There has been a small increase in diversity, with the Black population growing from 3% to 5%, and the Hispanic population from 1% to 2% during this period.

The completion of LIHTC projects in the early 2010s coincides with a period of relative population stability and income growth in Hermitage. The increased diversity, albeit modest, may have influenced the need for more affordable housing options in the city.

Hermitage's LIHTC-funded affordable housing inventory, while modest in scale, provides important housing options for low-income residents. The city has seen a steady development of affordable housing projects over nearly a decade, with a focus on diverse unit types to accommodate different household sizes. While the LIHTC-funded units represent a small portion of the city's estimated housing stock, they play a crucial role in addressing affordable housing needs. The demographic trends, including a slight population decline, increasing median income, and gradual diversification, provide context for the city's affordable housing landscape and may influence future housing needs and development strategies.