The LIHTC-funded housing stock in Freeport offers a range of unit types, including 45 efficiencies, 97 one-bedroom units, 111 two-bedroom units, and 36 three-bedroom units. This variety accommodates different household sizes within the low-income population.

Freeport has experienced a gradual population decline, from 26,682 in 2015 to 25,328 in 2022. Despite this decrease, the city has continued to invest in affordable housing, with the most recent LIHTC project completed in 2019.

Median income in Freeport has shown overall growth, rising from $39,883 in 2015 to $43,789 in 2022. This increase may indicate a growing need for affordable housing options for those who have not benefited from this economic improvement.

Racial demographics in Freeport have remained relatively stable over the past decade, with a slight decrease in the white population (from 75% in 2015 to 71% in 2022) and small increases in Hispanic and multi-racial populations. This gradual diversification may influence future affordable housing needs.

Freeport's LIHTC-funded affordable housing inventory represents a small but significant portion of the city's estimated housing stock. The city has consistently invested in affordable housing over the past two decades, despite a declining population. This commitment may be in response to fluctuating median incomes and changing demographic compositions. The diverse range of unit types in LIHTC projects reflects an effort to accommodate various household sizes within the low-income population.