The LIHTC-funded housing in ZIP code 92706 offers a variety of unit types. There are 15 efficiencies, 22 one-bedroom units, 8 two-bedroom units, and 1 three-bedroom unit. This distribution suggests a focus on smaller households and individuals.

Over the past decade, the population in ZIP code 92706 has remained relatively stable, fluctuating between 33,000 and 34,000 residents, with a notable increase to 36,273 in 2020. The median income has shown a significant upward trend, rising from $71,163 in 2013 to $87,294 in 2022, indicating improving economic conditions for residents.

Racial demographics in ZIP code 92706 have shifted slightly. The Hispanic population, while still the majority, has decreased from 72% in 2013 to 68% in 2022. Conversely, the Asian population has increased from 7% to 10% during the same period. The White population has remained stable at around 18-19%.

Despite the rising median income, the presence of LIHTC projects suggests a continued need for affordable housing options in ZIP code 92706, possibly to address income disparities within the community.

ZIP code 92706 in Santa Ana has a significant LIHTC-funded affordable housing presence, with 544 units representing 4.2% of the estimated housing stock. The area has seen consistent investment in affordable housing over two decades, with the most recent projects completed in 2013. While the median income has risen substantially, the maintained LIHTC inventory suggests ongoing efforts to provide housing options for lower-income residents in this economically diverse community.