Caroline Arms offers a diverse mix of unit types to accommodate various household sizes. The project includes 4 one-bedroom units, 8 two-bedroom units, 6 three-bedroom units, and 24 four-bedroom units. This distribution suggests a focus on larger family units, particularly with the high number of four-bedroom apartments.

Woodmere has experienced demographic shifts over the past decade. The population decreased from 3,301 in 2015 to 2,831 in 2022. Median income fluctuated, peaking at $70,122 in 2019 before declining to $50,650 in 2022. Racial demographics also changed, with the Black population increasing from 34% in 2013 to 42% in 2022, while the White population decreased from 53% to 41%. The Hispanic population increased from 4% in 2019 to 14% in 2022.

The completion of Caroline Arms in 2018 coincides with a period of relative population stability and income fluctuation in the neighborhood. This timing suggests that the LIHTC project may have been developed in response to identified housing needs within the community.

Woodmere's LIHTC funded affordable housing inventory, centered around the Caroline Arms project, provides a significant contribution to the neighborhood's housing stock. The project's diverse unit mix, with an emphasis on larger family units, aligns with the needs of a changing demographic landscape. The recent completion of this development in 2018 demonstrates ongoing efforts to address affordable housing needs in the area. As Woodmere continues to experience demographic shifts, particularly in racial composition and median income, the presence of LIHTC funded housing plays a crucial role in maintaining housing accessibility for low-income residents.