Agawam Veterans, as its name implies, is specifically designed to serve veterans. This targeted approach addresses the unique housing needs of former service members, potentially offering supportive services alongside affordable housing.

Demographic trends in zip code 01030 over the past decade may correlate with the introduction of LIHTC housing. The population has exhibited an upward trend, increasing from 11,964 in 2010 to 12,690 in 2022. This growth could indicate a rising demand for housing, including affordable options.

Median income in the area has also experienced an overall increase, rising from $79,092 in 2013 to $87,720 in 2022. Despite this growth, the presence of LIHTC housing suggests an ongoing need for affordable options, potentially serving those who have not benefited as much from the overall income growth.

Racially, zip code 01030 has remained predominantly white, with a slight decrease from 92% in 2013 to 90% in 2022. There has been a small increase in diversity, with the Hispanic population growing from 3% to 5% over the same period. This gradual diversification may influence future affordable housing needs and strategies.

The LIHTC-funded affordable housing in zip code 01030, while modest in scale, represents a targeted approach to addressing specific community needs, particularly for veterans. The single project, completed in 2017, accounts for just over 1% of the estimated housing inventory. Despite rising median incomes, the presence of this affordable housing suggests an ongoing need for such options in the community. As the area continues to grow and diversify, albeit slowly, future affordable housing strategies may need to evolve to meet changing demographic needs.