The 1990s saw the most activity in LIHTC project completions, with two projects finished during this decade. Notably, Finley Cottages, completed in 2017, is specifically designed to serve the handicapped population, addressing the unique housing needs of this demographic.

The LIHTC funded housing stock in this zip code is diverse, with 56 one-bedroom units, 112 two-bedroom units, and 14 three-bedroom units, catering to various household sizes and needs.

Over the past decade, the zip code has experienced steady population growth, increasing from 27,196 in 2013 to 32,626 in 2022. This 20% population increase may have contributed to the need for additional affordable housing, as evidenced by the completion of Finley Cottages in 2017.

Median income in the area has fluctuated, rising from $59,321 in 2013 to $65,476 in 2022, with a peak of $71,749 in 2021. This overall increase in median income may indicate a growing need for affordable housing options for those who have not benefited from this economic growth.

The racial composition of the zip code has remained relatively stable, with a slight decrease in the white population from 94% in 2013 to 92% in 2022, and small increases in Hispanic and multiracial populations. This gradual diversification may influence future affordable housing needs and designs.

Zip code 65721 in Ozark, Missouri, has a modest but significant LIHTC funded affordable housing inventory, covering about 1.45% of the estimated housing stock. The area has seen consistent investment in affordable housing over 25 years, with projects catering to various needs, including senior and handicapped populations. While the LIHTC funded units represent a small portion of the overall housing stock, they play a crucial role in providing affordable options in an area experiencing population growth and fluctuating median incomes. The sustained commitment to affordable housing through LIHTC projects reflects ongoing efforts to address housing needs in this growing community.