Over the past decade, the Tiffany neighborhood has experienced significant demographic changes. The population has grown from 938 in 2013 to 1,594 in 2022, representing a 70% increase. This population growth may indicate an increasing demand for housing in the area, including affordable options.

Median income in the neighborhood has increased from $35,049 in 2013 to $52,924 in 2022. This increase in median income could potentially affect the need for affordable housing in the area, though income growth does not necessarily benefit all residents equally.

Regarding racial demographics, the neighborhood has maintained a predominantly Black population throughout the past decade, with some fluctuations. The percentage of Black residents decreased from 85% in 2013 to 73% in 2022, while the Hispanic population increased from 0% to 8% during the same period. The White population has remained relatively stable, ranging between 12-17% over the years.

The Tiffany neighborhood has one LIHTC funded affordable housing project, Tiffany Apts, completed in 2007, providing 42 units, including 6 low-income units. This project covers approximately 6.9% of the estimated housing inventory in the neighborhood. The area has experienced significant population growth and increases in median income over the past decade, which may influence the demand for affordable housing. The neighborhood remains predominantly Black, despite some shifts in racial demographics. These demographic changes, coupled with the existing LIHTC project, provide a snapshot of the affordable housing landscape in the Tiffany neighborhood.