The affordable housing inventory in this zip code consists mainly of one-bedroom units (94), followed by two-bedroom (12) and three-bedroom (9) units. This distribution indicates a focus on accommodating smaller households and families.

Over the past decade, the population in this zip code has increased from 51,274 in 2013 to 53,841 in 2022, demonstrating a steady growth in residents. Median income has also risen, from $62,712 in 2013 to $70,363 in 2022, suggesting an overall improvement in economic conditions.

The racial demographics have changed significantly during this period. The Hispanic population has increased from 39% in 2013 to 49% in 2022, while the white population has decreased from 53% to 41%. This shift in racial composition may influence future affordable housing needs and planning.

Despite these demographic changes, no new LIHTC projects have been completed in the zip code since 2011. This could be attributed to various factors, including changes in local housing policies, shifts in funding priorities, or potentially a saturation of affordable housing in the area relative to other needs.

Zip code 93277 in Visalia has a modest LIHTC-funded affordable housing inventory, covering less than 1% of the estimated housing stock. The area has experienced LIHTC investments spanning two decades, with a focus on one-bedroom units. While the population and median income have grown over the past decade, and racial demographics have shifted significantly, there has been no new LIHTC development since 2011. This analysis provides insights into the affordable housing landscape of the zip code, which may be useful for future housing policy and development decisions.