Bridgeport's population has remained relatively stable over the past decade, with minor fluctuations. However, the median income has increased significantly, rising from $45,775 in 2013 to $57,863 in 2022. This upward trend in income suggests a changing economic landscape in the neighborhood.

The racial demographics in Bridgeport have experienced shifts over the past decade. The Asian population has increased from 37% in 2013 to 42% in 2022, while the Hispanic population has decreased from 26% to 20% during the same period. The White population has remained relatively stable at approximately 32%, and the Black population has seen a slight increase from 3% to 4%.

The absence of new LIHTC projects in the last decade may be related to the rising median income and changing demographic composition of the neighborhood. These factors might have influenced the perceived need for additional low-income housing in recent years. However, it is important to note that other affordable housing programs not captured in this data may also be contributing to meeting the neighborhood's housing needs.

In summary, Bridgeport's LIHTC-funded affordable housing inventory provides 140 low-income units to the community, with a focus on senior housing needs. The neighborhood has experienced demographic shifts over the past decade, including rising median income and changes in racial composition. These trends, along with the existing LIHTC inventory, may have influenced the lack of new affordable housing developments in recent years.