Over the past decade, the population in zip code 83706 has grown from 30,917 in 2015 to 34,886 in 2022, an increase of about 12.8%. During this same period, the median income rose from $54,868 to $63,925, showing a 16.5% increase.

The racial composition of the zip code has remained relatively stable, with a slight decrease in the white population from 84% in 2015 to 80% in 2022. There has been a small increase in diversity, with the Asian population growing from 3% to 5% and the Hispanic population from 6% to 9% during this period.

Despite the population growth and income increase, no new LIHTC projects have been completed in the last decade. This could be due to various factors, including changes in local housing policies, shifts in funding priorities, or potentially a reduced need for additional affordable housing in this specific area.

Zip code 83706 in Boise City has a modest LIHTC-funded affordable housing inventory, covering less than 1% of the estimated housing stock. The area has seen population growth and income increases over the past decade, along with slight changes in racial diversity. While LIHTC projects have provided a mix of unit types since the 1990s, no new projects have been completed in recent years. This analysis provides a snapshot of the LIHTC-funded affordable housing landscape in this zip code, though other affordable housing programs may also be contributing to the area's overall affordable housing inventory.