The 2000s saw the most affordable housing activity, with projects like Wesley Ridge (2004), Sadie's Landing (2009), and Windsor Crossing Apartments (2010) being completed. The 2010s and early 2020s have also seen continued development, including Griffin Park Apartments (2018) and Meadow Branch Apartments (2021).

Lumberton's LIHTC-funded housing stock comprises a diverse range of unit types. The inventory includes 1 efficiency unit, 114 one-bedroom units, 243 two-bedroom units, and 75 three-bedroom units, catering to various household sizes and needs.

Over the past decade, Lumberton has experienced a decline in population, from 37,229 in 2015 to 32,234 in 2022. Despite this decrease, the median income has shown an upward trend, rising from $33,516 in 2015 to $40,324 in 2022. This increase in median income might partially explain the continued development of affordable housing projects to maintain accessibility for lower-income residents.

The racial composition of Lumberton has remained relatively stable, with slight increases in the Black and Hispanic populations. The Native American population has seen a small decrease. These demographic shifts may influence the ongoing need for diverse affordable housing options.

Lumberton's LIHTC-funded affordable housing inventory plays a crucial role in meeting the city's housing needs. With 626 total units and 572 low-income units, the program covers about 5.1% of the estimated housing stock. The city has received significant federal funding, averaging $168,179 per project and $3,761 per unit. The continuous development of affordable housing over three decades, from 1989 to 2022, demonstrates a sustained commitment to addressing housing affordability. Despite a declining population, rising median incomes and stable racial diversity underscore the ongoing importance of affordable housing initiatives in Lumberton.