The affordable housing inventory in zip code 50213 consists of a mix of unit types. There are 12 one-bedroom units, 50 two-bedroom units, and 1 three-bedroom unit. The largest project, Country Club Apts, accounts for half of the total LIHTC units in the zip code with 48 units.

Over the past decade, the population in zip code 50213 has shown some fluctuation but overall growth, increasing from 6,530 in 2015 to 7,106 in 2022. The median income has also seen an upward trend, rising from $44,977 in 2015 to $49,895 in 2022, suggesting an improving economic situation for residents.

Racial demographics have shifted slightly in zip code 50213, with the white population decreasing from 84% in 2015 to 73% in 2022, while the Hispanic population has increased from 12% to 21% during the same period. The percentage of residents identifying as two or more races has also grown from less than 1% to 5%.

Despite these demographic changes, no new LIHTC projects have been developed in zip code 50213 in the last decade. This could be due to various factors, including the existing affordable housing stock meeting current needs or changes in funding priorities.

Zip code 50213 has a modest LIHTC funded affordable housing inventory, covering about 3.5% of the estimated housing stock. The area received significant investment in affordable housing during the 1990s, with three projects completed between 1992 and 1999. While demographic trends show population growth and increasing diversity, no new LIHTC projects have been developed in recent years. The existing affordable housing stock, combined with rising median incomes, may be meeting current needs, but ongoing monitoring of housing affordability in the area would be prudent given the demographic shifts observed.