The LIHTC funded housing in Lakeside primarily consists of larger units, with 121 two-bedroom, 167 three-bedroom, and 19 one-bedroom units. This distribution indicates a focus on accommodating families and larger households.

Lakeside's population has remained relatively stable over the past decade, with minor fluctuations. The median income has shown an upward trend, increasing from $52,348 in 2015 to $59,275 in 2022. This rise in median income may indicate a growing need for affordable housing options to maintain economic diversity in the community.

Racial demographics have remained fairly consistent, with a slight decrease in the white population (from 65% in 2016 to 62% in 2022) and small increases in Asian and multi-racial populations. The black population has remained steady at around 18-19% throughout this period. These subtle shifts in racial composition suggest a slowly diversifying community, which may benefit from continued investment in affordable housing to support various demographic groups.

Lakeside's LIHTC funded affordable housing inventory represents a modest but significant portion of the city's housing stock. The community has seen consistent development of affordable housing over two decades, with a focus on larger units suitable for families. While the city receives a small percentage of Virginia's LIHTC funding, the existing projects contribute to maintaining economic diversity in a community experiencing gradual income growth and subtle changes in racial composition. Continued monitoring of demographic trends and housing needs will be crucial for future affordable housing planning in Lakeside.