Midtown's LIHTC-funded housing stock offers a diverse range of unit types. Of the 1,186 total units, there are 49 efficiencies, 309 one-bedroom units, 601 two-bedroom units, 164 three-bedroom units, and 54 four-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a particular emphasis on small to medium-sized families.

Over the past decade, Midtown has experienced a gradual population decline, from 63,506 in 2013 to 59,776 in 2022. Despite this, the median income has shown an overall upward trend, rising from $38,335 in 2013 to $45,119 in 2022. This increase in median income might partially explain the lack of new LIHTC projects since 2011, as the neighborhood's economic profile has changed.

The racial composition of Midtown has remained relatively stable, with a slight decrease in the Black population (from 61% in 2013 to 57% in 2022) and a small increase in the White population (from 33% in 2013 to 35% in 2022). The Hispanic population has seen a minor increase from 2% to 3% during this period.

Midtown's LIHTC-funded affordable housing inventory represents a significant portion of the neighborhood's housing stock, developed primarily between 1996 and 2011. The area has a diverse range of unit types, catering to various household sizes. While there has not been new LIHTC development in recent years, this may be attributed to the increasing median income and changing demographic trends in the neighborhood. The existing LIHTC projects continue to play a crucial role in providing affordable housing options in Midtown, Memphis.