Analyzing demographic trends over the past decade, Brighton has experienced slight fluctuations in population, with a peak of 36,986 residents in 2021 before slightly decreasing to 36,819 in 2022. The median income has shown a general upward trend, rising from $72,759 in 2013 to $85,284 in 2022, with a peak of $93,837 in 2021. This increase in median income could potentially impact the demand for affordable housing in the area.

Regarding racial demographics, Brighton has maintained a relatively stable composition over the past decade. The white population has remained the majority, consistently representing about 75-77% of the total population. There have been slight increases in the Black and Hispanic populations, each growing from about 5-6% to 7% of the total population by 2022. The Asian population has seen a small decrease from 11% to 9% during this period.

The lack of new LIHTC projects in the last decade could be attributed to the rising median income and relatively stable demographic composition, which may indicate a reduced need for additional low-income housing units.

Brighton's LIHTC-funded affordable housing inventory is limited, with only 6 units in one project completed in 2003. These units represent a very small fraction (0.04%) of the estimated housing stock. The city has experienced a gradual increase in median income over the past decade, along with slight shifts in racial demographics. The absence of new LIHTC projects in recent years may be related to these demographic trends, potentially indicating a lower demand for additional affordable housing units. However, other affordable housing programs not captured in this data may be addressing the city's needs.