The LIHTC funded projects in Ocean Park offer a diverse range of unit types. The inventory includes 4 one-bedroom units, 39 two-bedroom units, 24 three-bedroom units, and 3 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes within the affordable housing stock.

Over the past decade, Ocean Park has experienced demographic shifts. The population has remained relatively stable, with a slight increase from 9,682 in 2013 to 9,818 in 2022. Median income has fluctuated but shows an overall upward trend, rising from $93,679 in 2013 to $96,445 in 2022.

Racial demographics have also evolved. The white population has decreased slightly from 70% in 2013 to 65% in 2022. The Asian population has increased from 4% to 6%, and the Hispanic population has remained relatively stable at around 12-14%. The proportion of residents identifying as two or more races has grown from 3% to 9%.

These demographic changes, particularly the rising median income and shifts in racial composition, may influence the ongoing need for affordable housing in the neighborhood.

Ocean Park's LIHTC funded affordable housing inventory, while modest in relation to the estimated total housing stock, represents a consistent effort to provide low-income housing options. The neighborhood has seen steady development of LIHTC projects over more than a decade, with a diverse range of unit types to accommodate different household sizes. The demographic trends, including a rising median income and changing racial composition, suggest an evolving community that may continue to benefit from affordable housing options to maintain diversity and inclusivity.