LIHTC-funded projects in zip code 78640 offer a mix of housing options. There are 73 one-bedroom units, 119 two-bedroom units, and 24 three-bedroom units. This variety caters to different household sizes and needs within the low-income population.

Zip code 78640 experienced significant population growth, increasing from 43,325 in 2013 to 67,679 in 2022. This rapid growth may have contributed to the need for additional affordable housing options, as evidenced by the LIHTC projects completed during this period.

The median income in zip code 78640 has fluctuated but generally increased from $69,932 in 2013 to $74,799 in 2022. Despite this overall increase, the continued development of LIHTC projects suggests an ongoing need for affordable housing options.

Racial demographics in zip code 78640 have shifted slightly, with the Hispanic population increasing from 53% in 2013 to 58% in 2022, while the white population decreased from 39% to 35% during the same period. The black population remained relatively stable at around 3-4%. These demographic changes may influence the demand for affordable housing in the area.

Zip code 78640 in Kyle, Texas, has a notable LIHTC-funded affordable housing inventory, with 738 total units and 642 low-income units. This represents a small percentage of the estimated total housing stock but demonstrates a consistent effort to provide affordable housing options over nearly two decades. The area has experienced significant population growth and demographic shifts, which may continue to impact the demand for affordable housing. The mix of unit types in LIHTC projects caters to diverse household needs within the low-income population.