Sterling's population has grown from 27,039 in 2013 to 31,058 in 2022, an increase of approximately 15%. The median income has risen from $94,039 in 2013 to $103,270 in 2022, representing a 9.8% increase. Racial demographics have shifted significantly during this period. The Hispanic population has increased from 34% in 2013 to 47% in 2022, while the white population has decreased from 43% to 28%. The Asian population has seen a slight increase from 12% to 15%, and the Black population has remained relatively stable at 6-8%.

Despite these demographic changes and population growth, no new LIHTC projects have been recorded in Sterling since 2007. This could be attributed to various factors, including changes in local housing policies, shifts in funding priorities, or the possibility that other affordable housing programs are addressing the city's needs.

In summary, Sterling's LIHTC-funded affordable housing inventory consists of 193 units across two projects, covering about 1.62% of the estimated housing stock. The city has received $865,807 in LIHTC funding, averaging $4,486 per unit. While the population and median income have grown over the past decade, and racial demographics have shifted significantly, no new LIHTC projects have been recorded since 2007. This analysis provides insight into Sterling's affordable housing landscape, though it is important to note that other affordable housing programs may be contributing to the city's overall affordable housing inventory.