The housing inventory in zip code 35215 is diverse, featuring 170 one-bedroom units, 892 two-bedroom units, 251 three-bedroom units, and 2 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes. Two projects, Carson Landing Apartments and Livingston Oaks Apartments, both completed in 2002, specifically target individuals with mental illness. This specialized housing addresses the unique needs of a vulnerable population, potentially offering supportive services alongside affordable accommodation.

Over the past decade, the zip code's population has shown slight fluctuations, peaking at 48,693 in 2016 before declining to 45,731 in 2022. The median income has remained relatively stable, ranging from $40,484 to $45,524 between 2013 and 2022. The racial composition has shifted, with the Black population increasing from 71% in 2013 to 76% in 2022, while the White population decreased from 25% to 16% during the same period. The Hispanic population has shown a modest increase from 1% to 6%.

Despite no new LIHTC projects being recorded in the last decade, the relatively stable median income and increasing diversity might suggest a continued need for affordable housing options in this area. Zip code 35215 in Birmingham has a significant LIHTC-funded affordable housing presence, covering about 7.7% of its estimated housing inventory. With over $4.7 million in tax credits invested, this area represents a substantial portion of Alabama's LIHTC funding. The affordable housing stock is diverse, catering to various family sizes and including specialized housing for individuals with mental illness. Demographic trends suggest a potential ongoing need for affordable housing options in this increasingly diverse community.