Horizon City has experienced significant population growth over the past decade, increasing from 22,825 in 2013 to 29,433 in 2022. The median income has fluctuated, peaking at $68,244 in 2021 before declining to $55,755 in 2022. This recent decrease in median income could potentially indicate an increased need for affordable housing options.

The racial demographics of Horizon City have remained relatively stable over the past decade. The Hispanic population has consistently represented the majority at approximately 91-92% of the total population. The White population has decreased slightly from 12% in 2013 to 6% in 2022, while the Black population has increased marginally from 1% to 2% during the same period.

Despite the population growth and recent decline in median income, no new LIHTC funded projects have been developed in Horizon City since 2005. This could suggest that other affordable housing programs or initiatives may be addressing the city's low-income housing needs, or that there might be a potential gap in affordable housing provision that needs to be addressed.

Horizon City's LIHTC funded affordable housing inventory represents a small fraction (0.64%) of the estimated total housing stock. The city has experienced significant population growth over the past decade, along with recent fluctuations in median income. While racial demographics have remained relatively stable, the lack of new LIHTC funded projects since 2005 raises questions about how the city is addressing its evolving affordable housing needs. Further investigation into other affordable housing programs and local housing policies would be necessary to gain a comprehensive understanding of Horizon City's affordable housing landscape.