The affordable housing inventory in this zip code includes a diverse mix of unit types. There are 27 efficiencies, 58 one-bedroom units, 56 two-bedroom units, and 2 three-bedroom units. This distribution suggests a focus on accommodating smaller households and families.

Over the last decade, the zip code has experienced some demographic shifts. The population has remained relatively stable, with a slight increase from 59,275 in 2013 to 59,130 in 2022. The median income has fluctuated, rising from $51,579 in 2013 to $50,640 in 2022, with some variations in between.

The racial composition of the area has seen a gradual change. The Asian population has increased from 59% in 2013 to 66% in 2022, while the white population has decreased from 19% to 14% during the same period. The Hispanic population has remained relatively stable at around 15%, and the Black population has consistently been about 3%.

These demographic trends, particularly the stable population and fluctuating median income, may have influenced the need for affordable housing in the area. The completion of the Macedonia Plaza Development in 2014 aligns with these demographic shifts, potentially addressing emerging housing needs in the community.

The 11354 zip code in Queens, New York, has a modest LIHTC-funded affordable housing inventory, covering about 0.63% of the estimated housing stock. The area has received nearly $1.87 million in LIHTC funding, representing a small but significant portion of New York state's allocation. The Macedonia Plaza Development, completed in 2014, stands as the primary LIHTC project in the area, offering a mix of unit types to serve diverse household needs. Over the past decade, the area has experienced demographic shifts, including a growing Asian population and fluctuating median income, which may have influenced affordable housing needs. While the LIHTC program has made a contribution to affordable housing in this zip code, the overall impact remains limited in relation to the total housing inventory.