Builders Patch | HousingCount Burke County affordable housing data.

Burke County

Summary

24.7%

share of renter households

41.2%

share of low-income households

36.8%

share of rent-burdened households

Renter population data

Households % share
Renter households 8,483
Homeowner households 25,893
Total households 34,376

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
30.0–34.9%
35.0–39.9%
40.0-49.9%
Severely rent-burdened
≥50.0%
All rent-burdened households

Affordable housing shortage

Metric Amount ($)
Median household income (2010) 22,607
Median household income (2021) 29,833
Increase (2010–2021) 32.0%
Median rent (2010) 577
Median rent (2021) 513
Increase (2010–2021) -11.1%

Affordable housing stock
Supply, demand & shortage

Units Amount
Supply (current stock) 507
Demand (total units needed) 1,908
Shortage 1,600
Total shortage 1,600
Supply/demand ratio 26.6%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Units Income Ceiling LIHTC Allocation
HIGHBRIDGE OVERLOOK New construction 2014 1 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 99 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 200 60% AMI $504,385
HUNTINGTON RESERVE N/A 2006 168 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 61 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 65 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 39 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 76 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 41 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 69 60% AMI $242,084
JEFFERSON AVENUE New construction 2020 79 60% AMI $0
INGRAM PRESERVATION Acquisition and Rehab 2005 135 60% AMI $390,500
JACOB'S HILL New construction 2006 103 60% AMI $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab 2006 5 60% AMI $50,769
JACKSON TERRACE Acquisition and Rehab 2006 417 60% AMI $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab 2006 12 60% AMI $88,403
JEAN C MCKINNEY MANOR New construction 2005 49 60% AMI $562,511
HOA MAI GARDENS New construction 2017 110 50% AMI $1,986,793
HUDSON RIDGE New construction 2010 168 60% AMI $761,458

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