The affordable housing presence in Montclaire South spans over two decades, with the earliest known project, Arrowood Villas, completed in 2000, and South Oak Crossing following in 2007. The 2000s appear to be the decade with the most affordable housing projects completed in the neighborhood.

The LIHTC-funded housing stock in Montclaire South offers a diverse range of unit sizes. The inventory includes 184 one-bedroom units, 468 two-bedroom units, and 262 three-bedroom units. This distribution accommodates various household sizes, from individuals to families.

Over the past decade, Montclaire South has experienced notable demographic shifts. The population has grown from 13,435 in 2013 to 14,248 in 2022, indicating a steady increase in residents. Median income has also risen, from $33,826 in 2013 to $42,342 in 2022, suggesting improving economic conditions for some residents.

Racial demographics have shifted as well. The Hispanic population has increased from 46% in 2013 to 55% in 2022, while the Black population has decreased from 42% to 35% during the same period. The White population has remained relatively stable, fluctuating between 5-8% over the decade.

These demographic changes, particularly the population growth and income increase, may have influenced the need for affordable housing in the area. The steady rise in median income could indicate a growing demand for workforce housing, which LIHTC projects often address.

Montclaire South demonstrates a substantial commitment to affordable housing through its LIHTC-funded projects. With 19.1% of its estimated housing stock dedicated to affordable units, the neighborhood meets the target range for a well-balanced community. The diverse unit sizes cater to various household compositions, reflecting the changing demographics of the area. The long-standing presence of LIHTC projects, spanning over two decades, underscores the ongoing effort to maintain affordable housing options in this evolving Charlotte neighborhood.