The LIHTC funded projects in Sheridan Park offer a diverse range of unit types. The inventory includes 255 efficiencies, 83 one-bedroom units, 40 two-bedroom units, and 3 three-bedroom units. This distribution suggests a focus on accommodating smaller households and individuals.

Over the past decade, Sheridan Park has experienced notable demographic shifts. The population has decreased from 6,992 in 2017 to 6,115 in 2022. Despite this population decline, the median income has risen from $46,229 in 2017 to $68,027 in 2022, indicating a trend towards higher-income residents.

Racial demographics have also shifted. The white population has increased from 55% in 2017 to 67% in 2022, while the Black population has decreased from 24% to 15% during the same period. The Hispanic population has remained relatively stable, decreasing slightly from 12% to 10%.

The absence of new LIHTC projects in the last decade could be attributed to the rising median income and changing demographics, potentially reducing the perceived need for additional low-income housing. However, existing LIHTC projects continue to serve the community.

Sheridan Park's LIHTC funded affordable housing inventory represents a significant portion of the neighborhood's estimated housing stock, aligning with recommended targets for affordable housing. The neighborhood saw a concentration of LIHTC project development in the 1990s, establishing a foundation of affordable housing that has persisted. While demographic shifts in recent years show increasing median income and changes in racial composition, the existing LIHTC projects continue to provide important affordable housing options for the community. The diverse range of unit types in these projects suggests an effort to accommodate various household sizes and needs within the affordable housing framework.