Lompoc's LIHTC-funded housing stock offers a diverse range of unit types. The inventory includes 39 efficiencies, 255 one-bedroom units, 373 two-bedroom units, 227 three-bedroom units, and 24 four-bedroom units. This distribution caters to various household sizes and needs within the low-income community.

One notable project, Homebase On G, completed in 2009, specifically targets the special needs population. This project likely provides tailored amenities and services to support residents with particular requirements.

Over the past decade, Lompoc's population has shown modest growth, increasing from 43,088 in 2010 to 44,755 in 2022. The median income has also risen, from $61,864 in 2013 to $62,642 in 2022, indicating a slight improvement in economic conditions.

The racial demographics of Lompoc have shifted noticeably. The Hispanic population has grown from 51% in 2013 to 61% in 2022, while the white population has decreased from 37% to 29% during the same period. Other racial groups have remained relatively stable.

The continued development of LIHTC projects throughout this period suggests an ongoing need for affordable housing, possibly driven by the city's population growth and changing demographics.

Lompoc's LIHTC-funded affordable housing inventory plays a significant role in addressing the city's housing needs. With 1,061 total units, including 1,035 low-income units, the program contributes to about 6.2% of the city's estimated housing stock. The city has benefited from over $10 million in tax credits, supporting 17 projects over more than two decades. The diverse unit mix caters to various household sizes, and at least one project specifically addresses special needs populations. As Lompoc's demographics continue to evolve, with a growing Hispanic population and increasing median income, the LIHTC program remains an important tool in maintaining affordable housing options for the community.