The housing unit distribution in LIHTC-funded projects comprises 13 efficiencies, 19 one-bedroom units, and 8 two-bedroom units. This composition suggests an emphasis on accommodating smaller households and individuals.

The population in zip code 60613 has experienced slight fluctuations over the past decade, with an overall increase from 48,266 in 2014 to 49,738 in 2022. Concurrently, the median income has risen from $82,974 in 2014 to $92,064 in 2022, indicating a general trend of economic growth in the area.

Racial demographics have maintained relative stability, with a minor decrease in the white population from 75% in 2014 to 70% in 2022. The Asian population has seen a small increase from 6% to 8%, while the Hispanic population has remained constant at approximately 12%. The Black population has consistently represented about 5-6% of the total.

The increasing median income and relatively stable racial demographics suggest that the area has maintained a diverse population while experiencing economic growth. This trend may potentially impact the future demand for affordable housing, as rising incomes could potentially reduce the need for LIHTC-funded units.

Zip code 60613 in Chicago presents a modest LIHTC-funded affordable housing inventory, accounting for about 0.54% of the estimated housing stock. LIHTC projects have been present in the area since the late 1980s, with a focus on smaller unit sizes. The population and median income have increased over the past decade, while racial demographics have remained relatively stable. These trends provide context for understanding the role of LIHTC-funded affordable housing in this zip code and may inform future housing needs and development strategies.