The LIHTC funded projects in this zip code offer a range of unit types. There are 53 one-bedroom units, 46 two-bedroom units, and 2 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, from individuals to small families.

Over the past decade, the population in zip code 89301 has remained relatively stable, fluctuating between 7,500 and 8,200 residents. The median income has shown an overall increasing trend, rising from $59,773 in 2013 to $68,093 in 2022, with some fluctuations in between. This income growth may have influenced the need for affordable housing in the area.

The racial composition of zip code 89301 has seen slight changes. The white population has decreased marginally from 73% in 2013 to 69% in 2022, while the Hispanic population has increased from 15% to 19% during the same period. The black population has also seen a small increase from 3% to 7%. These demographic shifts may have contributed to the ongoing need for affordable housing options in the area.

Zip code 89301 in Ely, Nevada, has a significant LIHTC funded affordable housing presence, with 137 total units covering about 4.7% of the estimated housing inventory. The area has received substantial federal investment, accounting for 4.48% of Nevada's total LIHTC funding. The affordable housing stock offers a range of unit types to accommodate different household sizes. While the population has remained relatively stable over the past decade, changes in median income and racial composition may have influenced the continued development of affordable housing in the area.