The LIHTC-funded projects in this zip code offer a range of unit types. There are 426 efficiencies, 996 one-bedroom units, 400 two-bedroom units, 174 three-bedroom units, and 31 four-bedroom units. This variety caters to different household sizes and needs within the low-income population.

Over the past decade, zip code 02115 has experienced demographic shifts. The population has decreased from 29,071 in 2017 to 27,222 in 2022, a decline of about 6.4%. The median income has risen from $42,792 in 2017 to $47,276 in 2022, an increase of approximately 10.5%.

Racial demographics have also changed. The white population has decreased from 59% in 2017 to 52% in 2022, while the Asian population has increased from 16% to 20% during the same period. The Hispanic population has remained stable at around 14%, and the Black population has seen a slight increase from 8% to 9% over these years.

These demographic changes, particularly the rising median income and shifting racial composition, may influence the ongoing need for affordable housing in the area. The completion of the Burbank Apts project in 2020 suggests that despite the population decrease, there is still a recognized need for affordable housing options in this zip code.

Zip code 02115 in Boston has a substantial LIHTC-funded affordable housing inventory, with 2,090 total units covering about 20% of the estimated housing stock. The area has seen consistent investment in affordable housing over nearly three decades, with projects offering a range of unit types to accommodate diverse household needs. Despite a slight population decrease in recent years, rising median incomes and changing racial demographics underscore the ongoing importance of maintaining and potentially expanding affordable housing options in this urban area.