The affordable housing units in zip code 46818 consist of 65 efficiencies and 54 one-bedroom units, catering primarily to individuals and small households.

Over the past decade, the population in zip code 46818 has grown steadily, increasing from 20,150 in 2013 to 22,483 in 2022. This 11.6% population growth may have contributed to the need for additional affordable housing, as evidenced by the completion of Silver Birch At Cook Rd. in 2020.

Median income in zip code 46818 has fluctuated but generally increased, rising from $63,297 in 2013 to $70,357 in 2022. Despite this overall increase, the continued investment in affordable housing suggests a persistent need for low-income housing options.

Racial demographics in zip code 46818 have remained relatively stable, with a slight decrease in the white population from 87% in 2013 to 82% in 2022, and small increases in Black, Hispanic, and multiracial populations. This gradual diversification may have influenced the decision to invest in more affordable housing to support a changing community.

Zip code 46818 in Fort Wayne, Indiana, has seen significant investment in LIHTC-funded affordable housing, particularly in recent years. With 119 low-income units, primarily consisting of efficiencies and one-bedroom apartments, the area is addressing affordable housing needs. The substantial federal funding and the zip code's share of state credits highlight the importance of these projects. The affordable housing inventory covers a small percentage of the estimated housing units but represents a crucial resource for low-income residents in a growing and evolving community.