The inventory of LIHTC-funded units in zip code 45042 is primarily composed of one-bedroom apartments, with 130 such units. There is also one two-bedroom unit, but no efficiencies, three-bedroom, or four-bedroom units reported in these projects. This distribution suggests a focus on housing for individuals or small households.

Over the past decade, zip code 45042 has experienced slight fluctuations in population, with an overall growth trend. The population increased from 25,740 in 2015 to 27,661 in 2022. Median income has also shown an upward trend, rising from $56,855 in 2015 to $62,696 in 2022, indicating a gradual improvement in economic conditions.

The racial composition of zip code 45042 has remained relatively stable, with a predominantly white population (90% in 2022). There has been a small increase in diversity, with slight growth in the Black (4% in 2022) and Hispanic (2% in 2022) populations, as well as those identifying as two or more races (3% in 2022).

Despite the absence of new LIHTC projects in the last decade, the demographic trends do not necessarily suggest a lack of need for affordable housing. The moderate income growth and slight population increase might still indicate a continued demand for affordable housing options.

Zip code 45042 has a modest but significant LIHTC-funded affordable housing presence, covering about 2.12% of its estimated housing inventory. The area has seen LIHTC project development spanning from 1994 to 2009, with a focus on one-bedroom units. While no new LIHTC projects have been developed in the last decade, the zip code has experienced slight population growth and income increases. The racial composition has remained largely stable with minor increases in diversity. These factors suggest that while the area has some affordable housing stock, ongoing assessment of affordable housing needs may be beneficial to ensure alignment with current demographic trends and housing demands.