The LIHTC funded projects in zip code 98662 offer a diverse range of unit types. The 564 total units comprise 8 efficiencies, 149 one-bedroom units, 246 two-bedroom units, 83 three-bedroom units, and 17 four-bedroom units. This distribution suggests accommodation for various household sizes, with a focus on one and two-bedroom units. Some projects cater to specific populations, such as Cascadia Village Apartments, completed in 2004, which targets large families.

Zip code 98662 has experienced steady population growth over the past decade, increasing from 34,431 in 2013 to 38,017 in 2022. This growth may have contributed to the continued development of affordable housing projects. The median income has risen from $63,982 in 2013 to $76,475 in 2022, potentially indicating an increased need for affordable housing options for lower-income residents.

Racial demographics in zip code 98662 have shown slight shifts, with the white population decreasing from 81% in 2013 to 76% in 2022, while Hispanic and Asian populations have seen small increases. This gradual diversification may have influenced the planning and development of more recent LIHTC projects to meet the needs of a changing community.

In summary, zip code 98662 has a substantial LIHTC funded affordable housing inventory, developed over nearly two decades. These units, while representing a small percentage of the total estimated housing stock, provide crucial affordable options for the community. The area has seen consistent investment in affordable housing, with projects ranging from efficiency units to larger family-oriented developments. As the population continues to grow and diversify, the ongoing development of LIHTC projects suggests a commitment to addressing the area's evolving affordable housing needs.