The LIHTC-funded affordable housing project in East Peoria, named "South Side Up," was completed in 1990. This project has been providing affordable housing options in the city for over three decades.

The South Side Up project consists of 4 units, with a distribution of 3 three-bedroom units and 1 four-bedroom unit. This unit mix indicates a focus on accommodating families or larger households in need of affordable housing.

Over the past decade, East Peoria has experienced a slight decline in population, from 26,999 in 2015 to 24,985 in 2022. During this period, the median income has shown an overall increase, rising from $60,119 in 2015 to $64,392 in 2022.

The racial composition of East Peoria has remained relatively stable, with the white population consistently representing the majority at around 92-93% of the total population. There has been a slight increase in diversity, with small growth in Asian, Black, and Hispanic populations.

No new LIHTC projects have been developed in the last decade. The demographic trends show a stable population with a gradually increasing median income. This could potentially indicate a reduced need for additional low-income housing projects, although other factors and housing programs may also influence the affordable housing landscape in East Peoria.

East Peoria's LIHTC-funded affordable housing inventory consists of a single project completed in 1990, providing 4 low-income units. This represents a small portion of the city's estimated housing stock, but it has been a consistent presence in the community for over 30 years. The city's demographic trends over the past decade show a slight population decline, increasing median income, and relatively stable racial composition. These factors, along with potential contributions from other housing programs not captured in this data, may influence the overall affordable housing needs and development in East Peoria.