The LIHTC-funded projects in zip code 77418 offer a mix of unit types, with 8 one-bedroom units and 32 two-bedroom units. This distribution suggests a focus on accommodating small families or individuals in the area's affordable housing inventory.

Over the past decade, the population in zip code 77418 has increased gradually, growing from 8,063 in 2013 to 9,106 in 2022. This 12.9% population growth may indicate an increasing demand for housing, including affordable options.

Median income in zip code 77418 has fluctuated, rising from $53,783 in 2013 to a peak of $73,431 in 2017, before settling at $64,240 in 2022. This overall increase in median income, despite fluctuations, may suggest changing economic conditions that could impact the need for affordable housing.

The racial composition of zip code 77418 has remained relatively stable over the past decade. The white population has decreased slightly from 69% in 2013 to 67% in 2022, while the Hispanic population has remained steady at around 20%. The black population has also remained relatively constant at about 10-11%. This stability in racial demographics suggests that changes in affordable housing needs are likely driven by factors such as income or overall population growth rather than significant shifts in racial composition.

Zip code 77418 has a modest LIHTC-funded affordable housing inventory, representing about 2.06% of the estimated housing stock. The area has seen two LIHTC projects completed in the 2000s, providing a mix of one and two-bedroom units. While the population has grown and median income has fluctuated over the past decade, racial demographics have remained relatively stable. These factors, combined with the limited recent LIHTC activity, suggest a need for ongoing assessment of affordable housing needs in zip code 77418.