# Broward County

## Summary

37.3%

share of renter households

48.0%

share of low-income households

59.3%

share of rent-burdened households

## Renter population data

### Renters vs homeowners

| Households          | % share |  
|---------------------|---------|  
| Renter households    | 273,225 | 37.3%  
| Homeowner households  | 459,239 | 62.7%  
| Total households      | 732,464 | 100.0%

### Low-income renter households

| Renter households by income group | Households | % share |  
|-----------------------------------|------------|---------|  
| Extremely low-income ≤30% AMI    | 36,832     | 13.5%   |  
| Very low-income 31-50% AMI       | 26,666     | 9.8%    |  
| Low-income 51-80% AMI            | 67,618     | 24.7%   |  
| All low-income households <80% AMI| 131,116    | 48.0%   |

### Rent-burdened households

| Share of income spent on rent       | Households | % share |  
|-------------------------------------|------------|---------|  
| Moderately rent-burdened          | 78,241     | 28.6%   |  
| 30.0–34.9%                        | 25,367     | 9.3%    |  
| 35.0–39.9%                        | 21,775     | 8.0%    |  
| 40.0-49.9%                        | 31,099     | 11.4%   |  
| Severely rent-burdened            | 83,916     | 30.7%   |  
| ≥50.0%                             | 83,916     | 30.7%   |  
| All rent-burdened households       | 162,157    | 59.3%   |

## Affordable housing shortage

| Rent vs median household income   | Amount ($) |  
|-----------------------------------|-------------|  
| Median household income (2010)    | 37,108      |  
| Median household income (2021)    | 47,916      |  
| Increase (2010–2021)              | 29.1%       |  
| Median rent (2010)                | 345         |  
| Median rent (2021)                | 1,377       |  
| Increase (2010–2021)              | 299.1%      |

### Affordable housing stock

| Supply, demand & shortage     | Units  |  
|-------------------------------|--------|  
| Supply (current stock)        | 11,397 |  
| Demand (total units needed)   | 61,258 |  
| Shortage                      | 54,964 |

### Builders Patch blog

## HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                             | Type                               | Year | Zipcode | Income ceiling | LIHTC allocation | Amount ($) |  
|----------------------------------|------------------------------------|------|---------|----------------|-----------------|------------|  
| HIGHBRIDGE OVERLOOK              | New construction                   | 2014 | N/A     | N/A            | $1,804,887      |            |  
| IRVINGTON FAMILY APTS            | New construction                   | 2007 | N/A     | N/A            | $1,378,252      |            |  
| HILLTOP VILLAGE                  | New construction - Acquisition and Rehab | 2012 | N/A     | N/A            | $504,385        |            |  
| HUNTINGTON RESERVE               | NA                                 | 2006 | N/A     | N/A            | $424,046        |            |  
| HOLT + HAMILTON FAMILY APARTMENTS| New construction                   | 2016 | N/A     | N/A            | $1,557,010      |            |  
| INTERVALE GARDENS LLC            | New construction                   | 2008 | N/A     | N/A            | $659,087        |            |  
| HOMES OF RENAISSANCE PRESERVE II | New construction                   | 2012 | N/A     | N/A            | $1,510,000      |            |  
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction      | 2013 | N/A     | N/A            | $674,261        |            |  
| IMPERIAL GARDENS FAMILY APTS     | New construction                   | 2009 | N/A     | N/A            | $1,142,750      |            |  
| HOLLY HEIGHTS I + II APARTMENTS  | Acquisition and Rehab              | 2016 | N/A     | N/A            | $435,816        |            |  
| HILTON SENIOR APTS               | New construction                   | 2007 | N/A     | N/A            | $242,084        |            |  
| JEFFERSON AVENUE                 | New construction                   | 2020 | N/A     | N/A            | $0              |            |

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