Over the past decade, the population in zip code 14564 has grown steadily, increasing from 15,318 in 2013 to 16,910 in 2022. The median income has also seen significant growth, rising from $100,189 in 2013 to $111,940 in 2022, with a peak of $127,135 in 2021. This upward trend in income might explain the limited development of new LIHTC projects in recent years.

The racial composition of the area has remained relatively stable, with a slight decrease in the white population from 94% in 2013 to 91% in 2022. There has been a small increase in diversity, with the Asian population growing from 2% to 4% and the Hispanic population increasing from 1% to 2% during this period.

The LIHTC program has made a modest contribution to affordable housing in zip code 14564, with 80 units across 8 projects. This represents a small percentage of the estimated housing stock, but it has provided consistent affordable options for over two decades. The area has experienced population growth and significant income increases in recent years, which may influence the perceived need for additional affordable housing developments. The demographic shifts, though slight, indicate a gradual increase in diversity within the community.