Over the past decade, Midtown has experienced notable demographic shifts. The population increased from 7,557 in 2014 to a peak of 10,053 in 2018, before declining to 8,964 in 2022. This population growth may have contributed to the need for additional affordable housing projects in the mid-2010s.

Median income in the neighborhood has shown a consistent upward trend, rising from $18,415 in 2013 to $31,636 in 2022. This increase in median income might suggest a growing need for affordable housing options to maintain socioeconomic diversity in the area.

Racial demographics have also shifted over the past decade. The Black population decreased from 54% in 2014 to 48% in 2022, while the White population increased from 29% to 34% during the same period. The Asian population remained relatively stable, fluctuating between 9% and 14%. These changes in racial composition coincide with the period of significant LIHTC project development, potentially reflecting efforts to maintain diverse and inclusive housing options in the face of demographic changes.

Midtown's LIHTC-funded affordable housing inventory plays a substantial role in the neighborhood's housing landscape, covering an estimated 43% of the total housing stock. The area has benefited from consistent affordable housing development over more than two decades, with significant activity in the 2010s. The diverse range of unit types and the inclusion of special needs housing demonstrate a commitment to meeting varied community needs. As the neighborhood continues to experience demographic shifts, including population growth, rising median incomes, and changes in racial composition, the LIHTC program remains a crucial tool in maintaining affordable housing options and supporting community diversity in Midtown.