The LIHTC inventory in zip code 40243 offers a range of unit types. There are 90 one-bedroom units, 107 two-bedroom units, and 47 three-bedroom units, catering to various household sizes and needs. There are no efficiency or four-bedroom units reported in these projects.

Over the past decade, zip code 40243 has experienced fluctuations in population, with an increase from 9,245 in 2020 to 10,804 in 2022. The median income has shown an upward trend, rising from $73,150 in 2013 to $82,027 in 2022. This increase in both population and median income may indicate a growing demand for housing, including affordable options.

Racial demographics in zip code 40243 have remained relatively stable, with the white population consistently representing the majority at around 85-87% of residents. There has been a slight increase in racial diversity, with small growths in Asian and multi-racial populations. This demographic stability, coupled with the continued development of LIHTC projects, suggests an ongoing need for affordable housing options in the area.

Zip code 40243 in Kentucky has a modest but significant LIHTC-funded affordable housing presence, representing about 5.9% of the estimated housing stock. With three projects completed between 2008 and 2019, the area has seen consistent investment in affordable housing over the past decade. The mix of unit types caters to diverse household needs, while the demographic trends indicate a growing population with rising median incomes. These factors collectively suggest an evolving landscape where affordable housing continues to play an important role in the community's housing ecosystem.