Builders Patch | HousingCount Alexander County affordable housing data.

Alexander County

Summary

18.6% share of renter households
45.3% share of low-income households
29.6% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 2,510
Homeowner households 10,986
Total households 13,496

Low-income renter households

Households % share
Extremely low-income ≤30% AMI
Very low-income 31-50% AMI
Low-income 51-80% AMI
All low-income households <80% AMI

Rent-burdened households

Households % share
Moderately rent-burdened 296
30.0–34.9% 68
35.0–39.9% 92
40.0-49.9% 136
Severely rent-burdened 448
All rent-burdened households 744

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($)
2010 23,417 415
2021 35,682 506
Increase (2010–2021) 52.4% 21.9%
Units Amount
Supply (current stock) 1,375
Demand (total units needed) 568
Shortage -523
total shortage 242.1%
supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Type Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 10452 N/A 1 N/A
IRVINGTON FAMILY APTS New construction 2007 N/A 94538 N/A 1 N/A
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 32208 N/A 0 N/A
HUNTINGTON RESERVE NA 2006 N/A 32773 N/A 0 N/A
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 91768 N/A 1 N/A
INTERVALE GARDENS LLC New construction 2008 N/A 10459 N/A 1 N/A
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 33905 N/A 0 N/A
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 90018 N/A 1 N/A
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 92243 N/A 1 N/A
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 95490 N/A 1 N/A

HousingCount

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