The LIHTC funded housing in this zip code offers a variety of unit sizes to accommodate different household needs. There are 157 one-bedroom units, 118 two-bedroom units, 51 three-bedroom units, and 2 four-bedroom units. Notably, Prosperity Creek Senior Apartments, completed in 2007, likely caters to the specific needs of older residents in the area.

Over the past decade, the population in zip code 28269 has grown steadily, increasing from 73,233 in 2013 to 80,155 in 2022. This 9.45% population growth suggests a rising demand for housing, including affordable options. The median income has also seen an overall increase, from $70,215 in 2013 to $72,324 in 2022, with some fluctuations in between. This moderate income growth may indicate a continued need for affordable housing options.

The racial demographics of the zip code have shifted notably. The Black population has increased from 43% in 2013 to 50% in 2022, while the White population has decreased from 40% to 28%. The Hispanic population has grown slightly from 10% to 13%, and the Asian population has remained relatively stable around 5-6%. These demographic changes could influence the demand for diverse affordable housing options to meet the needs of various communities.

Zip code 28269 in Charlotte, North Carolina, has an established LIHTC funded affordable housing inventory, with 474 low-income units spread across nine projects developed over 26 years. While these units represent a small percentage of the estimated housing stock, they provide crucial affordable options in an area experiencing population growth and demographic shifts. The consistent development of LIHTC projects over the years, including recent additions, suggests an ongoing commitment to addressing affordable housing needs in this zip code.