University Park, Illinois, zip code 60484, contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing project. The area has 183 affordable units, with 182 designated as low-income units. Of the estimated 3,084 housing units in the zip code, LIHTC-funded affordable housing comprises approximately 5.9% of the area's housing inventory.

The LIHTC program has allocated $151,993 in tax credits to zip code 60484, representing about 0.02% of the state's total LIHTC funding. This equates to approximately $830 in federal funding per unit. Thornwood House, completed in 2011, is the sole LIHTC project in this area. This development consists entirely of one-bedroom units, indicating a focus on smaller household sizes or potentially senior housing.

The population in zip code 60484 has increased from 7,649 in 2013 to 8,049 in 2022. The median income has risen from $52,987 in 2013 to $71,035 in 2022, suggesting an improvement in economic conditions. The racial composition has remained relatively stable, with a predominant Black population (74% in 2022) and a gradual increase in the Hispanic population (from 3% in 2013 to 6% in 2022). The White population has increased slightly from 14% to 17% during this period.