The population in zip code 94619 has increased gradually over the past decade, growing from 23,225 in 2013 to 26,729 in 2022. The median income has risen from $99,183 in 2013 to $110,876 in 2022, indicating a trend towards higher-income households in the area.

The racial composition of zip code 94619 has remained diverse but has experienced some shifts. The percentage of White residents increased from 33% in 2013 to 35% in 2022. The Black population decreased from 24% to 19%, while the Hispanic population increased from 17% to 20%. The Asian population changed from 20% to 17% during this period.

The completion of the Redwood Hill Townhomes in 2019 coincides with a period of population growth and increasing median income in zip code 94619. This suggests that the project may have been developed in response to growing housing needs in the area, particularly for low-income families who might otherwise be priced out of the increasingly expensive housing market.

Zip code 94619 in Oakland, California, has one LIHTC-funded affordable housing project, Redwood Hill Townhomes, which provides 28 units of affordable housing in an area experiencing population growth and rising incomes. The LIHTC-funded units represent a small fraction of the estimated housing inventory but play a role in maintaining some level of affordability in a changing neighborhood. The project's focus on two- and three-bedroom units suggests an emphasis on accommodating families. As the area continues to evolve demographically and economically, the presence of these affordable units helps maintain some economic diversity in the community.