The inventory of affordable housing in ZIP 36701 includes 27 one-bedroom and 83 two-bedroom units, suggesting a focus on accommodating small families and individuals. Data on efficiencies and larger units is not available.

Demographic shifts in ZIP 36701 over the past decade include a slight population decrease from 21,619 in 2015 to 21,170 in 2022. Despite this decline, the median income has increased from $33,524 in 2015 to $39,118 in 2022. The racial composition has remained relatively stable, with a slight increase in the Black population from 65% in 2015 to 67% in 2022, and a minor decrease in the White population from 32% to 29%. The Hispanic population has grown from less than 1% to 2% by 2022.

The completion of The Lodges On Lincoln in 2020 indicates a recognized need for additional affordable housing units in recent years, despite the slight population decrease. This could be attributed to factors such as changing household compositions or increasing housing costs relative to income growth.

ZIP code 36701 in Valley Grande, Alabama, demonstrates a consistent commitment to affordable housing through the LIHTC program. With 166 low-income units representing about 2.05% of the estimated housing stock, the area has made efforts to address affordable housing needs. The long-term implementation of LIHTC projects from 1990 to 2020 shows ongoing investment in affordable housing options. The allocation of over $1.8 million in tax credits underscores the significant role of the LIHTC program in supporting affordable housing in this zip code.