The LIHTC funded housing in Norristown consists of 6 one-bedroom units, 2 two-bedroom units, and 1 four-bedroom unit. The distribution of unit sizes suggests a focus on smaller households and families.

Over the last decade, Norristown's population has grown from 34,252 in 2013 to 35,712 in 2022, an increase of about 4.3%. The median income has also risen from $53,396 in 2013 to $60,561 in 2022, showing an improvement in the overall economic situation of the city's residents.

Racial demographics have shown some changes from 2013 to 2022. The Black population decreased from 36% to 32%, while the Hispanic population increased from 23% to 27%. The White population decreased from 35% to 29%, and the Asian population remained steady at around 3%. The proportion of residents identifying as two or more races increased from 3% to 8%.

The completion of the Montgomery Park Sr Hsg Ph 1 project in 2018 aligns with the city's growing population and increasing median income, suggesting a continued need for affordable housing options despite overall economic improvements.

Norristown's LIHTC funded affordable housing inventory, while small in comparison to the city's total housing stock, has been consistently developed over the past three decades. The city has received a significant amount of federal funding per unit, indicating a commitment to quality affordable housing. The demographic trends show a growing and diversifying population with improving economic conditions, which may influence future affordable housing needs and development in the city.