The LIHTC-funded housing in zip code 10016 offers a diverse range of unit types. Of the 1,622 total units, there are 144 efficiencies, 730 one-bedroom units, 294 two-bedroom units, 1 three-bedroom unit, and 2 four-bedroom units. This distribution indicates a focus on smaller households, aligning with urban living trends in Manhattan.

Over the past decade, the population in zip code 10016 has remained relatively stable, fluctuating between 48,933 and 53,096 residents. The median income has shown some volatility, ranging from $126,310 to $152,262, with the most recent data indicating $128,650 in 2022.

Racial demographics have shifted slightly in zip code 10016. The white population has decreased from 69% in 2013 to 59% in 2022, while the Asian population has increased from 14% to 19%. The Hispanic population has grown from 8% to 12%, and the Black population has remained steady at around 3-4%. These changes suggest a gradual increase in diversity within the zip code.

Despite the high median income, the presence of LIHTC projects indicates a continued need for affordable housing in zip code 10016, possibly to maintain economic diversity and provide housing options for essential workers or long-term residents.

Zip code 10016 in Manhattan demonstrates a significant commitment to affordable housing through LIHTC funding. With 1,622 total units and 640 low-income units, these projects play an important role in the area's housing landscape. The diverse unit types cater to various household sizes, while the consistent development of affordable housing over two decades reflects an ongoing effort to maintain economic diversity in a high-income area. As demographics continue to shift, the need for affordable housing options remains relevant in this dynamic urban environment.