The 2000s saw the most significant affordable housing development in Oceanside, with six out of eight projects completed during this decade. Notable projects include Old Grove Apartments (2003), Vintage Point Senior Apartments Phase II (2004), and La Mision Village Apartments (2008).

The LIHTC-funded housing inventory in Oceanside includes a diverse mix of unit types: 20 efficiencies, 246 one-bedroom units, 283 two-bedroom units, and 48 three-bedroom units. This distribution caters to various household sizes and needs within the community.

One project, Tremont Street Apartments, specifically targets the special needs population. This focus suggests a commitment to addressing the unique housing requirements of individuals with disabilities or other special circumstances.

Over the past decade, Oceanside's population has remained relatively stable, with a slight decrease from 175,762 in 2019 to 172,190 in 2022. During this period, the median income has shown a steady increase, rising from $77,226 in 2019 to $83,271 in 2022. This income growth may have reduced the immediate need for additional LIHTC-funded housing in recent years.

The racial composition of Oceanside has remained diverse, with some fluctuations. The Hispanic population has decreased slightly from 41% in 2020 to 36% in 2022, while the Asian population has increased from 6% to 8% during the same period. The white population has also seen a slight increase from 42% to 44%. These demographic shifts may influence future affordable housing needs and planning.

Oceanside's LIHTC-funded affordable housing inventory, while modest in relation to the city's overall housing stock, represents a significant investment in providing low-income housing options. The city has utilized federal tax credits to develop a diverse range of units, catering to various household sizes and needs. While no new LIHTC projects have been completed in the last decade, the city's rising median income and stable population may have influenced this trend. As Oceanside continues to evolve demographically, ongoing assessment of affordable housing needs will be crucial to ensure adequate housing options for all residents.