The affordable housing inventory in zip code 94545 is diverse, offering a range of unit types. It includes 9 efficiencies, 22 one-bedroom units, 208 two-bedroom units, 79 three-bedroom units, and 8 four-bedroom units. This distribution suggests a focus on accommodating various family sizes and living arrangements.

Over the past decade, the population in zip code 94545 has shown a gradual increase, growing from 30,840 in 2015 to 31,185 in 2022. The median income has fluctuated, reaching a peak of $102,345 in 2021 before declining to $88,815 in 2022.

Racial demographics in zip code 94545 have remained relatively stable, with a slight increase in the Asian population (from 36% in 2015 to 40% in 2022) and a small decrease in the White population (from 16% to 12%). The Hispanic population has remained consistent at around 30-34%, while the Black population has decreased slightly from 9% to 7%.

Despite these demographic shifts, no new LIHTC projects have been built in zip code 94545 in the last decade. This could be due to various factors, including changes in local housing policies, availability of suitable land, or shifts in funding priorities.

Zip code 94545 in Hayward has a notable LIHTC-funded affordable housing inventory, covering about 4% of the estimated housing units. The area has received significant federal investment, with projects dating back to 2006. The housing stock offers a range of unit types, catering to diverse household needs. While demographic trends show a growing and diversifying population with fluctuating income levels, no new LIHTC projects have been developed in recent years. This analysis provides insights into the affordable housing landscape of zip code 94545, highlighting the role of LIHTC in addressing housing needs in the community.