The inventory of LIHTC-funded units in Graceville includes 12 one-bedroom units, 3 two-bedroom units, and 8 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, from individuals to small families.

Demographic trends over the past decade reveal interesting patterns in Graceville. The population has shown steady growth, increasing from 6,141 in 2019 to 6,655 in 2022. Concurrently, the median income has risen significantly, from $46,794 in 2019 to $56,485 in 2022, indicating improving economic conditions for residents.

Racial demographics have remained relatively stable, with a slight increase in the Black population from 27% in 2019 to 28% in 2022, while the White population decreased marginally from 65% to 64% during the same period. The Hispanic population has remained consistent at around 5-6% of the total population.

Despite the absence of new LIHTC projects in the past decade, the demographic data suggests a potentially changing landscape. The rising median income could indicate a shifting need for affordable housing, potentially explaining the lack of recent LIHTC developments. However, the growing population might also point to an increased demand for diverse housing options in the future.

In conclusion, Graceville's involvement in the LIHTC program has contributed to its affordable housing stock over the past three decades. While the current LIHTC-funded units represent a small portion of the city's estimated housing inventory, they provide important options for lower-income residents. The city's changing demographics, particularly the rising median income and growing population, may influence future affordable housing needs and development strategies in Graceville.