Over the past decade, the population in zip code 76040 has grown from 30,336 in 2013 to 32,563 in 2022, an increase of about 7.3%. During this same period, the median income rose from $57,590 in 2013 to $68,166 in 2022, representing an 18.4% increase.

The racial composition of the zip code has become more diverse over the last decade. The percentage of white residents decreased from 45% in 2013 to 34% in 2022. Conversely, the Black population increased from 17% to 22%, and the Asian population grew from 11% to 14%. The Hispanic population remained relatively stable, moving from 20% to 22% during this period.

Despite these demographic changes and population growth, no new LIHTC funded projects have been recorded in the last decade. This could be due to various factors, including changes in funding priorities, local housing policies, or the availability of alternative affordable housing options.

Zip code 76040 in Euless, Texas, has a modest LIHTC funded affordable housing inventory, covering about 3.37% of the estimated housing stock. The area has seen demographic shifts over the past decade, including population growth, increased median income, and greater racial diversity. While LIHTC funded projects have been present since the early 1990s, no new developments have been recorded in recent years. This analysis provides an overview of the LIHTC funded affordable housing landscape in this zip code, offering insights into its contribution to the area's housing needs.