Over the past decade, Homeacre-Lyndora has experienced some demographic shifts. The population has decreased slightly from 6,930 in 2014 to 6,891 in 2022. However, the median income has shown an overall upward trend, rising from $49,809 in 2014 to $61,642 in 2022, with some fluctuations in between.

Racially, the city has remained predominantly white, though there has been a slight decrease in the white population from 96% in 2014 to 92% in 2022. There have been small increases in the Black, Hispanic, and multiracial populations during this period.

The completion of the Thompson Greene project in 2016 coincides with a period of relative stability in the city's population and a gradual increase in median income. This suggests that the LIHTC project was implemented to address a specific housing need during a time of economic growth in the community.

Homeacre-Lyndora's LIHTC-funded affordable housing inventory, while small, represents a targeted effort to provide low-income housing options. The single project, Thompson Greene, completed in 2016, offers 5 units catering to small and medium-sized families. While the LIHTC-funded units cover only a small percentage of the city's estimated housing stock, they contribute to the diversity of housing options in the community. The demographic trends over the past decade, including a slight population decrease and overall income growth, provide context for the timing and scale of the LIHTC investment in the city.