The affordable housing inventory in Sleepy Hollow consists of various unit types. The majority are one-bedroom units (113), followed by two-bedroom units (86), and a small number of three-bedroom units (3). This distribution suggests a focus on housing for smaller households and potentially seniors.

Over the past decade, Sleepy Hollow has experienced a slight population increase, growing from 11,068 in 2015 to 11,390 in 2022. The median income has fluctuated, reaching a peak of $107,373 in 2021 before decreasing to $96,744 in 2022. This overall trend of increasing income may partially explain the lack of new LIHTC projects in recent years.

The racial demographics of Sleepy Hollow have remained relatively stable over the past decade. The Hispanic population has consistently been the largest group, ranging from 43% to 51% of the total population. The White population has fluctuated between 40% and 48%, while other racial groups have maintained smaller but consistent percentages.

Sleepy Hollow's LIHTC-funded affordable housing inventory provides an important contribution to the community's housing needs. The two projects completed in 2008 and 2009 offer 226 low-income units, primarily consisting of one- and two-bedroom apartments. While the LIHTC-funded housing covers about 5.2% of the estimated housing stock, other affordable housing programs may also be present in the village. The demographic trends, including a slight population increase and fluctuating median income, suggest an ongoing need for affordable housing options in this diverse community.