The 1990s saw the most affordable housing projects completed, with six projects finished during this decade. Notable projects from this era include Holly Street Village and Washington Villa Apartments.

Pasadena's LIHTC-funded housing inventory includes a diverse range of unit types. The breakdown consists of 8 efficiencies, 386 one-bedroom units, 239 two-bedroom units, 47 three-bedroom units, and 3 four-bedroom units. This distribution suggests a focus on accommodating smaller households and families.

Over the last decade, Pasadena's population has fluctuated, peaking at 142,632 in 2017 and decreasing to 134,214 by 2022. The median income has shown a generally upward trend, rising from $77,312 in 2015 to $95,134 in 2022. This increase in median income might partially explain the lack of new LIHTC projects since 2016.

Racial demographics have remained relatively stable, with some minor shifts. The Hispanic population decreased slightly from 35% in 2013 to 30% in 2022, while the Asian population increased from 13% to 17% during the same period. The white population has fluctuated between 33% and 38%, and the Black population has remained relatively stable around 7-11%.

Pasadena's LIHTC-funded affordable housing inventory represents a long-term commitment to affordable housing. The city has leveraged LIHTC funding to create a diverse range of housing options, with a focus on one and two-bedroom units. While no new LIHTC projects have been completed since 2016, this may be partially attributed to the rising median income in the city. The stable racial demographics and fluctuating population suggest a complex interplay of factors influencing affordable housing needs in Pasadena.