# Alamance County ### Summary 33.5% share of renter households 48.2% share of low-income households 44.0% share of rent-burdened households ### Renter population data #### Renters vs homeowners | Households | % share | |-------------------------|---------| | Renter households | 22,183 | 33.5% | Homeowner households | 44,128 | 66.5% | Total households | 66,311 | 100.0% | #### Low-income renter households | Households | % share | |-------------------------|---------| | Extremely low-income | ≤30% AMI | 3,623 | 16.3% | Very low-income | 31-50% AMI| 2,204 | 9.9% | Low-income | 51-80% AMI| 4,865 | 21.9% | All low-income households| <80% AMI | 10,692 | 48.2% #### Rent-burdened households | Share of income spent on rent | Households | % share | |--------------------------|---------|---------| | Moderately rent-burdened | 5,093 | 23.0% | | 30.0–34.9% | 1,701 | 7.7% | | 35.0–39.9% | 1,232 | 5.6% | | 40.0–49.9% | 2,160 | 9.7% | | Severely rent-burdened | 4,660 | 21.0% | | All rent-burdened households| 9,753 | 44.0% | ### Affordable housing shortage #### Rent vs median household income | Year | Median household income ($) | Median rent ($) | |------------|----------------------------|-----------------| | 2010 | 26,415 | 438 | | 2021 | 33,778 | 698 | | Increase (2010–2021) | 27.9% | 59.4% | #### Affordable housing stock | Units | Amount | |------------------------------------|---------| | Supply (current stock) | 1,115 | | Demand (total units needed) | 4,964 | | Shortage | 4,324 | | Total shortage | 4,324 | 22.5% supply/demand ratio | ## **HUD National Low Income Housing Tax Credit (LIHTC) Database** | Name | Type | Year | Income ceiling | LIHTC allocation | |-----------------------------|--------------------------------|------|----------------|----------------- | HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | $1,804,887 | | IRVINGTON FAMILY APTS | New construction | 2007 | N/A | $1,378,252 | | HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | $504,385 | | HUNTINGTON RESERVE | N/A | 2006 | N/A | $424,046 | | HOLT + HAMILTON FAMILY APTS | New construction | 2016 | N/A | $1,557,010 | | INTERVALE GARDENS LLC | New construction | 2008 | N/A | $659,087 | | HOMES OF RENAISSANCE PRESERVE II| New construction | 2012 | N/A | $1,510,000 | | JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | $674,261 | | IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | $1,142,750 | | HOLLY HEIGHTS I + II APARTMENTS| Acquisition and Rehab | 2016 | N/A | $435,816 | | HILTON SENIOR APTS | New construction | 2007 | N/A | $242,084 | | JEFFERSON AVENUE | New construction | 2020 | N/A | $0 | | INGRAM PRESERVATION | Acquisition and Rehab | 2005 | N/A | $390,500 | | JACOB'S HILL | New construction | 2006 | N/A | $1,420,505 | | HOWARD AVENUE CLUSTER | Acquisition and Rehab | 2006 | N/A | $50,769 | | JACKSON TERRACE | Acquisition and Rehab | 2006 | N/A | $1,557,608 | | JEFFERSON CLUSTER (ATLANTIC AVE) | Acquisition and Rehab | 2006 | N/A | $88,403 | | JEAN C MCKINNEY MANOR | New construction | 2005 | N/A | $562,511 | | HOE ASSOC. LP | New construction | 2006 | N/A | $959,988 | | HOLLYDALE SENIOR APTS | New construction | 2010 | N/A | $1,998,601 | | HORIZONS AT MORGAN HILL | New construction | 2011 | N/A | $1,226,243 | | HOOD STREET FAMILY APTS | New construction | 2004 | N/A | $271,938 | | HIGH POINT PHASE I | New construction | 2006 | N/A | $2,816,735 | | HUMBOLDT APARTMENTS | New construction | 2013 | N/A | $451,721 | | IMPERIAL HIGHWAY APTS | Acquisition and Rehab | 2003 | N/A | $161,428 | | INTERVALE AVENUE II ASSOCIATES, LP| New construction | 2001 | N/A | $519,773 | | INTERNATIONAL HOUSE | Acquisition and Rehab | 2005 | N/A | $326,754 | | HOMES OF RENAISSANCE PRESERVE III| New construction | 2016 | N/A | $1,020,975 | | ITHACA ARTHAUS | N/A | 2021 | N/A | $0 | | HERON POND II | New construction | 2009 | N/A | $1,397,338 | | INDIO GARDENS | Acquisition and Rehab | 2006 | N/A | $504,354 | | HOVLEY GARDENS | New construction | 2003 | N/A | $1,780,858 | | JACKSON MANOR APARTMENTS + LASSEN VIEW APARTMENTS | Acquisition and Rehab | 2015 | N/A | $706,615 | | JEFFERSON CLUSTER (98 MACON ST) | Acquisition and Rehab | 2006 | N/A | $59,676 | | HILLSIDE TERRACE 1500 BLOCK | New construction | 2006 | N/A | $216,000 | | HOLLENBECK TERRACE APARTMENTS | New construction | 2015 | N/A | $1,153,937 | | HOLLY PARK PHASE II | New construction | 2001 | N/A | $750,797 | | JACKSON CORNERSTONE | Acquisition and Rehab | 2004 | N/A | $282,414 | | HILLTOP LANDINGS | New construction | 2016 | N/A | $3,300,000 | | JEFFERSON CLUSTER (111 PUTNAM AVE) | Acquisition and Rehab | 2005 | N/A | $25,124 | | HIGHBRIDGE APTS | New construction | 2007 | N/A | $494,085 | | IRIS GARDENS | Acquisition and Rehab | 2000 | N/A | $290,621 | | HUNTERS POINTE | New construction | 2007 | N/A | $1,859,638 | | INTERVALE AVENUE ASSOCIATES LP| New construction | 2000 | N/A | $417,884 | | HOMESTEAD PARK | Acquisition and Rehab | 2001 | N/A | $606,246 | | HUDSON BAY APTS | New construction | 2001 | N/A | $776,104 | | HUNT CLUB | New construction | 2009 | N/A | $548,634 | | HIGH POINT PHASE II | New construction | 2009 | N/A | $2,842,445 | | HOMESAFE SANTA CLARA | New construction | 2001 | N/A | $178,652 | | HOLLYWOODLAND APTS | Acquisition and Rehab | 2014 | N/A | $467,498 | | HIGHLAND COMMONS II | New construction | 2001 | N/A | $356,631 | | HILLSDALE TOWNHOUSES | New construction | 2009 | N/A | $697,465 | | ICON ON ROSECRANS | New construction | 2017 | N/A | $1,877,038 | | HOJAS DE PLATA APTS | Acquisition and Rehab | 2007 | N/A | $288,269 | | HOLLYWOOD PALMS II | Acquisition and Rehab | 2018 | N/A | $880,327 | | JEFFERSON CLUSTER (DECATUR ST) | Acquisition and Rehab | 2005 | N/A | $31,951 | | JACKSON HOUSE AT PACIFIC CREST | Acquisition and Rehab | 2014 | N/A | $556,761 | | HOLLY PARK III | New construction | 2005 | N/A | $1,802,942 | | IMPRESSIONS AT VALLEY CENTER | New construction | 2003 | N/A | $998,814 | | HILLVIEW RIDGE APTS I | New construction | 2008 | N/A | $1,159,018 | | INDEPENDENCE POINT | New construction | 2015 | N/A | $491,964 | | JEFFERSON CLUSTER (161 JEFFERSON AVE) | Acquisition and Rehab | 2006 | N/A | $35,013 | | HUNTERS RUN I | New construction | 2003 | N/A | $531,807 | | IMPERIAL RD PORTFOLIO | New construction | 2007 | N/A | $349,538 | | HOGAR GARDEN COURT | New construction | 2021 | N/A | $0 | | JEFFERSON CLUSTER (133 JEFFERSON AVE) | Acquisition and Rehab | 2006 | N/A | $23,810 | | HOWARD AVENUE APTS | Acquisition and Rehab | 2006 | N/A | $51,978 | | HIGHBRIDGE APTS | New construction | 2007 | N/A | $762,885 | | HUNTS POINT APARTMENTS LP | Acquisition and Rehab | 2016 | N/A | $967,305 | | JASMINE SQUARE APTS | New construction | 2005 | N/A | $1,129,746 | | HUNTERS RUN II | New construction | 2003 | N/A | $524,934 | | HOMEWORKS PHASE I | Acquisition and Rehab | 2007 | N/A | $1,013,276 | | JEFFERSON CLUSTER (ATLANTIC AVE) | Acquisition and Rehab | 2005 | N/A | $93,887 | | JEFFERSON CLUSTER (143 JEFFERSON AVE) | Acquisition and Rehab | 2005 | N/A | $43,251 | | INGLEWOOD MEADOWS | Acquisition and Rehab | 2008 | N/A | $912,744 | | HICKORY HILL | Acquisition and Rehab | 2006 | N/A | $1,038,070 | | HIGHBRIDGE APTS | New construction | 2007 | N/A | $1,193,970 | | HOLIDAY MANOR APTS | Acquisition and Rehab | 2001 | N/A | $809,403 | | HIDDEN COVE APTS | Acquisition and Rehab | 2003 | N/A | $310,899 | | HOA MAI GARDENS | New construction | 2017 | N/A | $1,986,793 | | IMPACCT PRESERVATION - SOUTHERN CLUSTER | Acquisition and Rehab | 2016 | N/A | $479,210 | | IMANI FE EAST & WEST | New construction | 2009 | N/A | $1,666,926 | | ISLAND GARDENS APTS | Acquisition and Rehab | 2000 | N/A | $282,847 | | JEFFERSON CLUSTER (161 HALSEY ST) | Acquisition and Rehab | 2005 | N/A | $64,594 | | HOLLYWOOD WESTERN APTS | New construction | 2003 | N/A | $911,341 | | HUDSON RIDGE | New construction | 2010 | N/A | $761,458 |