Zip code 59804, located in Orchard Homes, Montana, is a rural area with a population of 8,518 as of 2022. The Low-Income Housing Tax Credit (LIHTC) program has funded 35 affordable housing units in this zip code, all of which are designated as low-income units. These units represent approximately 1.07% of the estimated 3,264 housing units in the zip code.

The LIHTC program has allocated $426,132 in tax credits to affordable housing projects in zip code 59804. This allocation results in an average federal funding of $12,175 per unit. Notably, this zip code accounts for 0.23% of the total LIHTC funding in Montana. The sole LIHTC-funded project in this zip code is Orchard Gardens, completed in 2005. This project has provided affordable housing in the area for over 15 years, consisting of 35 units with a mix of one-bedroom, two-bedroom, and three-bedroom apartments.

The population in zip code 59804 has remained relatively stable over the past decade, fluctuating between 8,300 and 9,400 residents. The median income has shown an upward trend, increasing from $66,960 in 2017 to $74,358 in 2022. This rise in median income may indicate a decreasing need for additional affordable housing in recent years. The racial composition of the area has remained predominantly white, with a slight increase in diversity. The percentage of white residents decreased from 94% in 2017 to 90% in 2022, while the Asian population increased from 0% to 5% during the same period. The Hispanic population has remained steady at around 1-2%.