The affordable housing inventory in this zip code includes a diverse range of unit types. There are 52 efficiencies, 210 one-bedroom units, 186 two-bedroom units, and 149 three-bedroom units. This distribution suggests a focus on accommodating various household sizes and needs.

Over the last decade, the population in this zip code has remained relatively stable, fluctuating between 38,000 and 40,000 residents. The median income has shown some volatility, ranging from around $56,000 to $67,000.

Racial demographics have shifted slightly, with the Black population increasing from 50% to 59% between 2013 and 2022, while the White population decreased from 26% to 23%. The Asian and Hispanic populations have remained relatively stable at around 7% and 10% respectively.

The last LIHTC project completion in 2011 coincides with a period of relative economic stability in the area, as evidenced by the median income trends. The slight increase in the Black population percentage might indicate a growing need for affordable housing options, which could be addressed by future LIHTC projects.

Zip code 70058 in Harvey, Louisiana, demonstrates a consistent commitment to affordable housing through its LIHTC-funded projects. With 597 total units, including 372 low-income units, spread across various projects completed over two decades, the area has established a foundation for addressing affordable housing needs. The diverse unit types cater to different household sizes, while the demographic trends suggest an ongoing need for affordable housing options. The zip code's 2% share of state LIHTC funding underscores its significance in Louisiana's affordable housing landscape.