The city's LIHTC-funded housing inventory includes a mix of unit types, with 40 one-bedroom, 63 two-bedroom, and 47 three-bedroom units. This diversity caters to various household sizes and needs within the low-income population.

Over the past decade, Bay Minette has experienced fluctuations in population, with a peak of 12,794 residents in 2018 and a subsequent decline to 12,111 by 2022. The median income has shown a significant upward trend, rising from $34,998 in 2013 to $53,923 in 2022. This increase in median income might suggest a reduced need for additional affordable housing in recent years.

The racial composition of Bay Minette has remained relatively stable, with a slight increase in diversity. The white population has marginally increased from 66% to 68% between 2020 and 2022, while the Black population has decreased slightly from 30% to 27%. The Hispanic population has held steady at 3%, and there has been a small increase in residents identifying as two or more races, from 1% to 2%.

Bay Minette's LIHTC-funded affordable housing inventory provides essential housing options for low-income residents. The city has maintained a consistent presence of affordable housing projects over nearly two decades, with the most recent development completed in 2016. The diverse mix of unit types suggests an effort to accommodate various household sizes within the low-income community. While the population has experienced some fluctuations, the significant increase in median income over the past decade may indicate changing economic dynamics in the city. These demographic shifts could potentially influence future affordable housing needs and development strategies in Bay Minette.