The LIHTC-funded housing stock in Independence Village offers a diverse range of unit sizes. There are 40 one-bedroom units, 154 two-bedroom units, and 40 three-bedroom units. This distribution indicates a focus on accommodating various family sizes and household compositions within the affordable housing inventory.

Independence Village has experienced demographic shifts over the past decade. The population has grown from 9,589 in 2017 to 10,392 in 2022, suggesting an increasing demand for housing. Median income has also increased slightly from $54,571 in 2017 to $54,792 in 2022, with some fluctuations in between.

Racial demographics have changed significantly. The Black population increased from 44% in 2017 to 46% in 2022, while the White population decreased from 44% to 33% during the same period. The Asian population remained relatively stable, and there was a notable increase in residents identifying as two or more races, from 2% to 11%.

Despite these demographic changes, no new LIHTC projects have been completed in the last decade. This could be attributed to various factors, including land availability, changes in local housing policy, or shifts in funding priorities.

Independence Village has an established foundation of LIHTC-funded affordable housing, developed primarily between the late 1980s and mid-2000s. The existing affordable units comprise a notable portion of the neighborhood's estimated housing stock, contributing to housing diversity. While demographic shifts have occurred in recent years, including population growth and changes in racial composition, there has not been corresponding growth in LIHTC-funded housing. This analysis provides insight into the affordable housing landscape of Independence Village, highlighting the long-standing presence of LIHTC projects and their role in the neighborhood's housing mix.