Over the past decade, Bedford Dwellings has experienced population fluctuations, with a general upward trend from 1,145 in 2013 to 1,398 in 2022. The median income has also shown an overall increase, rising from $11,820 in 2013 to $19,629 in 2022, indicating some economic improvement in the neighborhood.

Bedford Dwellings has consistently maintained a predominantly Black population, with percentages ranging from 86% to 93% over the past decade. There has been a slight increase in diversity, with small increases in Hispanic and multi-racial populations. Despite these demographic changes, no new LIHTC projects have been developed in the last decade. This could be due to various factors, including the existing affordable housing stock meeting current needs or shifts in housing policy and funding priorities.

Bedford Dwellings has a significant LIHTC funded affordable housing presence, with 75 low-income units covering about 14% of the estimated housing inventory. The neighborhood saw its affordable housing development primarily in the 1990s, with two projects receiving over $640,000 in tax credits. The housing stock is predominantly composed of one-bedroom units, suggesting a focus on individual or small family households. While the neighborhood has experienced some population growth and income increases over the past decade, its racial composition has remained relatively stable. The lack of recent LIHTC developments may indicate that current affordable housing needs are being met through existing inventory or other programs.