The LIHTC funded housing inventory in South Hyde Park primarily consists of one-bedroom units (29), followed by two-bedroom units (6), and three-bedroom units (3). This distribution suggests a focus on accommodating smaller households or individuals.

South Hyde Park has experienced demographic shifts over the past decade. The population has remained relatively stable, increasing slightly from 1,939 in 2019 to 1,954 in 2022. Median income has fluctuated, peaking at $65,005 in 2021 before decreasing to $52,583 in 2022.

Racial distribution trends indicate a gradual increase in diversity. The percentage of white residents has decreased from 70% in 2019 to 65% in 2022. There has been a small increase in Asian residents (from 4% to 7%) and Hispanic residents (from 8% to 11%), while the percentage of Black residents has decreased from 16% to 10%.

No new LIHTC projects have been developed in South Hyde Park in the last decade, despite demographic changes. This could be attributed to various factors, including changes in neighborhood needs, availability of suitable development sites, or shifts in funding priorities.

South Hyde Park's LIHTC funded affordable housing inventory represents a long-standing commitment to providing affordable options in the neighborhood. The majority of these units were developed in the late 1980s, with a focus on smaller unit sizes. While the neighborhood has experienced demographic shifts in recent years, including fluctuations in median income and increasing racial diversity, these changes have not resulted in new LIHTC funded developments. The existing affordable housing stock continues to play a role in the neighborhood's housing landscape, though it represents a small portion of the estimated total housing units.