The 1990s saw the highest number of LIHTC project completions, with notable developments including Prestwick Square Apartments of Columbus I and II, and Larae Apartments. The housing mix in LIHTC funded projects is diverse, comprising 4 efficiencies, 85 one-bedroom, 194 two-bedroom, 83 three-bedroom, and 28 four-bedroom units, catering to various household sizes and needs.

Over the past decade, zip code 47201 has experienced steady population growth, increasing from 41,842 in 2013 to 48,461 in 2022. This 15.8% growth may have contributed to the need for additional affordable housing, as evidenced by the recent LIHTC projects completed in 2020.

Median income in the area has also seen an upward trend, rising from $62,178 in 2013 to $69,608 in 2022. Despite this increase, the continued development of LIHTC projects suggests an ongoing need for affordable housing options.

The racial composition of zip code 47201 has become more diverse over the past decade. The percentage of white residents decreased from 83% in 2013 to 76% in 2022, while the Asian population increased from 4% to 10%. The Hispanic population remained relatively stable, moving from 9% to 9% during this period. This increasing diversity may influence the types of affordable housing needed in the community.

Zip code 47201 in Columbus, Indiana demonstrates a sustained commitment to affordable housing through its LIHTC funded projects. With 520 total units, including 376 low-income units, spread across various projects completed over three decades, the area has consistently addressed affordable housing needs. The diverse unit mix and recent project completions suggest ongoing efforts to meet the evolving demographics and housing requirements of the community. As the population continues to grow and diversify, the role of LIHTC funded affordable housing remains crucial in maintaining housing accessibility for lower-income residents in this zip code.