All 74 units in the LIHTC funded project are one-bedroom units, suggesting a focus on housing for individuals or small households. The project name, Bayview Elderly, indicates that it may be targeted towards senior citizens.

Over the past decade, Machesney Park has experienced a slight decline in population, from 26,311 in 2014 to 25,549 in 2022. Despite this decrease, the median income has risen from $64,505 in 2014 to $76,213 in 2022, indicating an overall improvement in economic conditions for residents.

The racial composition of the city has remained relatively stable, with a decrease in the white population from 90% in 2014 to 84% in 2022. There has been a small increase in diversity, with slight growth in Hispanic, Black, and Asian populations, as well as those identifying as two or more races.

The lack of new LIHTC projects in the last decade may be attributed to the rising median income and relatively stable population, potentially reducing the perceived need for additional low-income housing.

Machesney Park's LIHTC funded affordable housing consists of a single project with 74 one-bedroom units, completed in 1996. This project covers less than 1% of the estimated housing inventory. The city has experienced a slight population decline and income growth over the past decade, which may have influenced the lack of new LIHTC projects. The racial composition has remained predominantly white, with a gradual increase in diversity.