The LIHTC-funded housing stock in Lenoir includes a diverse range of unit types. There are 187 one-bedroom units, 181 two-bedroom units, 96 three-bedroom units, and 9 four-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a particular emphasis on smaller families or individuals.

Over the past decade, Lenoir's population has remained relatively stable, with slight fluctuations. The median income has shown an overall upward trend, increasing from $34,269 in 2013 to $46,881 in 2022. This rise in median income may indicate a growing need for affordable housing options to support lower-income residents.

Racial demographics have shown some shifts, with a slight decrease in the white population from 82% in 2013 to 78% in 2022. There has been a small increase in the Hispanic population (from 6% to 9%) and the Black population (from 8% to 10%) during this period. The city has also seen an increase in residents identifying as two or more races, from 0% in 2013 to 3% in 2022. These demographic changes may influence the demand for diverse and affordable housing options.

Lenoir's LIHTC-funded affordable housing inventory represents a modest but significant portion of its housing stock. The city has consistently developed affordable housing projects over the past three decades, with a notable increase in activity during the 2010s. The diverse range of unit types suggests an effort to accommodate various household sizes and needs. While the city's population has remained relatively stable, the rising median income and subtle shifts in racial demographics may influence future affordable housing needs. The continued investment in LIHTC projects indicates an ongoing commitment to providing affordable housing options for Lenoir's residents.