The LIHTC-funded projects in Sears Park offer a range of unit types. The inventory includes 72 one-bedroom units, 76 two-bedroom units, and 60 three-bedroom units. This distribution suggests an effort to accommodate various household sizes and needs within the affordable housing framework.

Over the past decade, Sears Park has experienced demographic shifts that may correlate with its LIHTC housing inventory. The population has grown slightly, from 6,280 in 2015 to 6,344 in 2022. Median income has increased, rising from $23,734 in 2015 to $33,048 in 2022, which might indicate improving economic conditions for some residents.

Racial demographics have remained relatively stable, with Hispanic residents consistently comprising the largest group, followed by White and Black residents. The Hispanic population has slightly decreased from 57% in 2015 to 53% in 2022, while the White population has remained around 30-32% during this period.

No new LIHTC projects have been completed in Sears Park since 2010. This could be due to various factors, including changes in local housing needs, funding priorities, or potentially the improvement in median income levels observed over the past decade.

Sears Park's LIHTC-funded affordable housing inventory represents a significant component of the neighborhood's housing landscape, covering approximately 8.56% of the estimated housing units. The three LIHTC projects, developed between 2005 and 2010, offer a mix of unit types to serve diverse household needs. While the neighborhood has seen some economic improvements in recent years, as evidenced by rising median incomes, the consistent racial composition and slight population growth suggest an ongoing need for affordable housing options. The analysis reveals a concentrated period of LIHTC development, followed by a pause in new projects over the last decade, which may warrant further investigation into current affordable housing needs in the area.