Builders Patch | HousingCount Bedford County affordable housing data.
Bedford County
Summary
29.5% share of renter households
44.4% share of low-income households
40.6% share of rent-burdened households
Renter population data
| Category |
Households |
% share |
| Renter households |
5,279 |
29.5% |
| Homeowner households |
12,625 |
70.5% |
| Total households |
17,904 |
100.0% |
| Low-income renter households |
2,345 |
44.4% |
Renter households by income group
| Category |
Households |
% share |
| Extremely low-income (≤30% AMI) |
845 |
16.0% |
| Very low-income (31-50% AMI) |
541 |
10.2% |
| Low-income (51-80% AMI) |
959 |
18.2% |
| All low-income households (<80% AMI) |
2,345 |
44.4% |
Rent-burdened households
| Category |
Households |
% share |
| Moderately rent-burdened |
1,012 |
19.2% |
| 30.0–34.9% |
356 |
6.7% |
| 35.0–39.9% |
344 |
6.5% |
| 40.0-49.9% |
312 |
5.9% |
| Severely rent-burdened |
1,131 |
21.4% |
| ≥50.0% |
1,131 |
21.4% |
| All rent-burdened households |
2,143 |
40.6% |
Affordable housing shortage
Rent vs median household income
| Year |
Median Household Income ($) |
Median Rent ($) |
| 2010 |
22,220 |
314 |
| 2021 |
37,813 |
642 |
- Increase (2010–2021) Household Income: 70.2%
- Increase (2010–2021) Median Rent: 104.5%
Affordable housing stock
| Units |
Supply |
Demand |
Shortage |
| Current stock |
34 |
1,313 |
1,288 |
| Total shortage |
1,288 |
2.6% |
|
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Low-income |
LIHTC Allocation |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
10452 |
60% AMI |
$1,804,887 |
|
| IRVINGTON FAMILY APTS |
New construction |
2007 |
94538 |
60% AMI |
$1,378,252 |
|
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
32208 |
60% AMI |
$504,385 |
|
| HUNTINGTON RESERVE |
NA |
2006 |
32773 |
60% AMI |
$424,046 |
|
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
91768 |
60% AMI |
$1,557,010 |
|
| INTERVALE GARDENS LLC |
New construction |
2008 |
10459 |
60% AMI |
$659,087 |
|
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
33905 |
60% AMI |
$1,510,000 |
|
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
90018 |
60% AMI |
$674,261 |
|
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
92243 |
60% AMI |
$1,142,750 |
|
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
95490 |
60% AMI |
$435,816 |
|
| HILTON SENIOR APTS |
New construction |
2007 |
14468 |
60% AMI |
$242,084 |
|
| ... |
|
|
|
|
|
|
Builders Patch Blog