The LIHTC-funded housing in this zip code offers a diverse range of unit types. There are 347 one-bedroom units, 309 two-bedroom units, 107 three-bedroom units, and 6 four-bedroom units. This distribution suggests a focus on accommodating various household sizes, from individuals to families. One notable project is the Northern Kentucky Scholar House, completed in 2015, which may cater to the specific needs of students or academic-related populations.

Over the past decade, the population in this zip code has shown a slight decline, from 21,691 in 2017 to 20,520 in 2022. Despite this decrease, the median income has risen from $48,778 in 2017 to $52,153 in 2022, indicating some economic improvement. The racial composition has remained relatively stable, with a slight increase in diversity. The white population decreased marginally from 83% in 2017 to 86% in 2022, while the Black population decreased from 10% to 7%. The Hispanic population has held steady at around 4%, and there has been a small increase in those identifying as two or more races, from 2% to 3%.

These demographic shifts, particularly the rising median income, may have influenced the pace of LIHTC development in recent years. The most recent project in 2019 suggests ongoing attention to affordable housing needs, even as the overall economic picture of the zip code has improved.

Zip code 41071 demonstrates a consistent commitment to affordable housing through LIHTC investments over nearly 30 years. The area has a diverse range of affordable units, covering about 9.8% of the estimated housing stock. While demographic trends show a slightly shrinking but economically improving population, the continued development of LIHTC projects indicates an ongoing recognition of affordable housing needs in this community.