Ponca City, Oklahoma, maintains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 142 units, all designated as low-income. This inventory represents approximately 1.4% of the city's estimated 10,041 housing units. The city has received $32,086,517 in project tax credits through the LIHTC program, distributed across approximately 4 projects. This equates to an average of $8,021,629 in federal funding per project, or about $226,000 per unit. Ponca City's share of the total state LIHTC funding is 9.6%, a substantial portion for a single municipality in Oklahoma.

The development of LIHTC-funded housing in Ponca City spans 15 years, with the first project completed in 2001 and the most recent in 2016. The 2000s were particularly active, with two projects, Copper Ridge Apartments and Willow Creek - II, both completed in 2001. The city's LIHTC-funded housing inventory includes a diverse range of unit sizes: 32 one-bedroom, 42 two-bedroom, and 40 three-bedroom units, accommodating various household compositions within the low-income population.

Ponca City's population has experienced a slight decline over the past decade, decreasing from 26,900 in 2010 to 26,208 in 2022. Despite this decrease, the median income has risen from $45,098 in 2013 to $51,307 in 2022. The racial composition of the city has remained relatively stable, with a minor decrease in the white population from 77% in 2013 to 70% in 2022, and a small increase in the Hispanic population from 5% to 9% during the same period. The Native American population has consistently remained around 7-8%.