Mordecai has experienced demographic changes over the past decade. The population has remained relatively stable, increasing slightly from 2,748 in 2015 to 2,991 in 2022. The median income has risen significantly from $59,051 in 2015 to $102,562 in 2022, suggesting a trend towards higher-income households in the neighborhood.

Racial demographics in Mordecai have also shifted. The white population has decreased from 74% in 2015 to 69% in 2022. The Asian population has increased from 2% to 4%. The Black population has decreased from 21% to 17%, and the Hispanic population has grown from 2% to 5% during this period.

Despite these demographic changes, no new LIHTC projects have been developed in Mordecai since 2002. The rising median income and shift in racial composition may indicate changing housing needs in the neighborhood, potentially reducing the demand for additional affordable housing units through the LIHTC program.

Mordecai's LIHTC funded affordable housing inventory consists of a single project with 9 units, completed in 2002. This represents a small portion of the neighborhood's estimated housing stock. The significant increase in median income over the past decade, along with shifts in racial demographics, may have influenced the lack of new LIHTC developments in recent years. The existing LIHTC project continues to provide affordable housing options, but the changing socioeconomic landscape of Mordecai could be affecting the perceived need for additional affordable housing through this specific program.