Over the past decade, East Kensington has undergone significant demographic changes. The population increased from 5,047 in 2013 to 6,135 in 2022, suggesting a growing demand for housing. Median income rose from $27,894 in 2013 to $77,411 in 2022, indicating potential gentrification and increased housing costs.

Racial demographics in East Kensington have also shifted. The white population increased from 42% in 2013 to 58% in 2022, while the Hispanic population decreased from 31% to 21%. The Asian population remained relatively stable, and there was a slight increase in residents identifying as two or more races. Despite these demographic changes, no new LIHTC projects have been completed since 2016, possibly due to the rising median income in the area reducing the perceived need for additional affordable housing units.

East Kensington's LIHTC funded affordable housing inventory represents a small but significant portion of the neighborhood's estimated housing stock. The area experienced substantial LIHTC investment in the late 1980s and early 1990s, with the most recent project completed in 2016. The neighborhood has undergone considerable demographic changes over the past decade, including population growth, rising median incomes, and shifts in racial composition. These changes may have influenced the recent lack of new LIHTC developments. As East Kensington continues to evolve, ongoing assessment of affordable housing needs will be crucial to ensure a balanced and inclusive community.