The 1980s saw the most activity in affordable housing development, with three projects completed during this decade. The distribution of units includes 29 one-bedroom, 63 two-bedroom, and 24 three-bedroom units, catering to various household sizes and needs.

Norwalk's population has remained relatively stable over the past decade, fluctuating between 20,700 and 21,100 residents. The median income has shown a general upward trend, increasing from $50,253 in 2017 to $53,043 in 2022, with some fluctuations in between. This modest income growth may indicate an ongoing need for affordable housing options.

Racial demographics have remained largely consistent, with the white population comprising around 88% of residents in recent years. There has been a slight increase in diversity, with the Hispanic population growing from 4% in 2013 to 7% in 2022, and the two or more races category increasing from 1% to 3% over the same period.

Norwalk's LIHTC-funded affordable housing inventory represents a long-term commitment to providing low-income housing options. The city has maintained a steady pace of affordable housing development from the late 1980s through the mid-2000s. The demographic trends suggest a stable population with slowly increasing income levels and gradual diversification, which may influence future affordable housing needs. The consistent distribution of unit sizes in LIHTC projects indicates an effort to accommodate various household compositions within the low-income population.