Paris has experienced slight population fluctuations over the past decade, with a general trend of modest decline from 28,894 in 2015 to 28,168 in 2022. The median income has shown some variability, increasing from $39,740 in 2015 to $42,461 in 2022, indicating slow but steady economic improvement.

Racial demographics in Paris have remained relatively stable. The white population decreased slightly from 68% in 2015 to 63% in 2022. The Black population has remained steady at approximately 20%, while the Hispanic population has seen a small increase from 6% to 10% during this period. The city has also experienced a slight increase in racial diversity, with the percentage of residents identifying as two or more races growing from 3% to 5% between 2015 and 2022.

These demographic shifts, particularly the modest income growth and increasing diversity, may influence the future demand for affordable housing in Paris. However, the absence of new LIHTC projects in recent years suggests that other factors or housing programs might be addressing the city's affordable housing needs.

Paris, Texas, has a small but established LIHTC-funded affordable housing inventory, representing about 1.33% of the city's estimated housing stock. The three LIHTC projects, developed primarily in the early 2000s, provide a mix of unit types to serve diverse low-income households. While the city has experienced slight demographic changes over the past decade, including modest income growth and increasing racial diversity, there have been no new LIHTC projects in recent years. This analysis provides an objective view of Paris's LIHTC-funded affordable housing landscape, highlighting the program's contribution to the city's housing needs over time.