Builders Patch | HousingCount Bay County affordable housing data.
Bay County
Summary
32.2%
share of renter households
48.0%
share of low-income households
49.9%
share of rent-burdened households
Renter population data
| Households |
% share |
| Renter households |
23,503 |
| Homeowner households |
49,378 |
| Total households |
72,881 |
| Low-income renter households |
|
| Income Group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
3,076 |
13.1% |
| Very low-income (31-50% AMI) |
2,693 |
11.5% |
| Low-income (51-80% AMI) |
5,509 |
23.4% |
| All low-income households (<80% AMI) |
11,278 |
48.0% |
Rent-burdened households
| Households |
% share |
| Moderately rent-burdened |
6,552 |
| 30.0–34.9% |
2,613 |
| 35.0–39.9% |
1,928 |
| 40.0-49.9% |
2,011 |
| Severely rent-burdened |
5,171 |
| ≥50.0% |
5,171 |
| All rent-burdened households |
11,723 |
Affordable housing shortage
| Median household income |
Amount ($) |
|
Amount ($) |
Increase (2010–2021) |
| In 2010 |
35,534 |
|
|
|
| In 2021 |
48,074 |
|
|
35.3% |
| Median rent |
Amount ($) |
|
Amount ($) |
Increase (2010–2021) |
| In 2010 |
471 |
|
|
|
| In 2021 |
988 |
|
|
109.8% |
| Affordable housing stock |
Units |
| Supply (current stock) |
942 |
| Demand (total units needed) |
5,518 |
| Shortage |
4,761 |
| Total shortage |
4,761 |
| Supply/demand ratio |
17.1% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Number of units |
Income ceiling |
LIHTC allocation |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
N/A |
2014 |
N/A |
1 |
N/A |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
N/A |
2007 |
N/A |
1 |
N/A |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
N/A |
2012 |
N/A |
0 |
N/A |
$504,385 |
| HUNTINGTON RESERVE |
NA |
N/A |
2006 |
N/A |
0 |
N/A |
$424,046 |
| HOLT + HAMILTON FAMILY APTS |
New construction |
N/A |
2016 |
N/A |
1 |
N/A |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
N/A |
2008 |
N/A |
1 |
N/A |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
N/A |
2012 |
N/A |
0 |
N/A |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
N/A |
2013 |
N/A |
1 |
N/A |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
N/A |
2009 |
N/A |
1 |
N/A |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
N/A |
2016 |
N/A |
1 |
N/A |
$435,816 |
| HILTON SENIOR APTS |
New construction |
N/A |
2007 |
N/A |
0 |
N/A |
$242,084 |
| JEFFERSON AVENUE |
New construction |
N/A |
2020 |
N/A |
10 |
N/A |
$0 |
Note: Similar structured data continues for multiple properties as per original information.