The LIHTC-funded housing in zip code 95348 offers a variety of unit types, including 98 one-bedroom, 69 two-bedroom, and 18 three-bedroom units. This diverse mix accommodates different household sizes and needs within the community. One notable project, Woodbridge Place, completed in 2012, specifically targets the "At-Risk" population, addressing the needs of vulnerable community members who may require additional support or services.

Over the past decade, zip code 95348 has experienced steady population growth, increasing from 31,328 in 2013 to 35,578 in 2022. During this period, the median income fluctuated, reaching a peak of $70,970 in 2021 before slightly decreasing to $67,295 in 2022. The racial composition of the area has remained relatively stable, with a slight increase in the Hispanic population from 44% in 2013 to 46% in 2022. The Asian population has also seen a modest increase from 13% to 16% during this period, while the White population decreased from 32% to 26%.

Despite these demographic changes, no new LIHTC projects have been completed since 2012. This could be attributed to various factors, including changes in funding priorities, local housing policies, or shifts in the overall housing market. Zip code 95348 in Merced, California has an established foundation of LIHTC-funded affordable housing, with projects dating back to 1991. While these units represent a small percentage of the estimated housing inventory, they provide crucial affordable options for low-income residents. The area has seen consistent population growth and demographic shifts over the past decade, which may influence future affordable housing needs and developments in this zip code.