The presence of these projects indicates that affordable housing has been part of Scottsville for at least 25 years, demonstrating a long-term commitment to addressing housing needs. The 1990s saw the most activity in LIHTC funded affordable housing development in the village.

Demographic trends over the past decade reveal some patterns. The population of Scottsville has remained relatively stable, with minor fluctuations. In 2013, the population was 4,169, and by 2022, it had increased slightly to 4,311 residents.

Median income in the village has shown an upward trend. In 2013, the median income was $59,171, and by 2022, it had risen to $69,070. This increase in median income might suggest a growing need for affordable housing options to ensure housing remains accessible to lower-income residents.

Regarding racial demographics, Scottsville has maintained a predominantly white population throughout the past decade, with minimal changes in racial composition. In 2013, the white population accounted for 90% of residents, and this percentage remained relatively constant, standing at 91% in 2022. The black population showed a slight decrease from 4% in 2013 to 3% in 2022, while the Hispanic population also decreased from 4% to 3% during the same period.

Scottsville's LIHTC funded affordable housing inventory, while modest in size, plays a role in addressing the community's housing needs. The two existing projects provide a mix of unit sizes, catering to diverse household compositions. Despite the stable population and increasing median income, the consistent presence of LIHTC funded housing suggests an ongoing demand for affordable options in the community. The racial demographics have remained relatively constant over the past decade, indicating that the affordable housing needs of the population have likely remained consistent as well. As Scottsville continues to evolve, monitoring these trends will be essential in ensuring that affordable housing provision aligns with the community's changing needs.