Sterling's LIHTC-funded housing inventory includes a diverse mix of unit types: 38 efficiencies, 49 one-bedroom units, 48 two-bedroom units, and 47 three-bedroom units. This distribution suggests an effort to accommodate various household sizes and needs.

Over the past decade, Sterling has experienced a slight population decline, from 18,108 in 2013 to 17,381 in 2022. Despite this decrease, the median income has shown an overall upward trend, rising from $48,672 in 2013 to $55,477 in 2022. This increase in median income might partially explain the lack of new LIHTC projects since 2012.

The racial composition of Sterling has remained relatively stable, with a slight decrease in the white population (from 75% in 2013 to 68% in 2022) and a small increase in the Hispanic population (from 22% in 2013 to 24% in 2022). The city has also seen a modest increase in racial diversity, with the percentage of residents identifying as two or more races growing from 0% in 2013 to 4% in 2022.

Sterling's LIHTC-funded affordable housing inventory, while modest in size, represents a significant investment in addressing housing needs for low-income residents. The city's portfolio of 182 units, developed over nearly two decades, offers a range of housing options from efficiencies to three-bedroom units. While no new LIHTC projects have been completed since 2012, this may be partially attributed to the city's increasing median income and slight population decline. The demographic shifts observed, including increased racial diversity, may influence future affordable housing needs and strategies in Sterling.