Builders Patch | HousingCount Cannon County affordable housing data.

Cannon County

Summary

22.4% share of renter households

46.7% share of low-income households

25.6% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,269
Homeowner households 4,402
Total households 5,671

Low-income renter households

Renter households by income group

Households % share
Extremely low-income 243
Very low-income 161
Low-income 189
All low-income households 593

Rent-burdened households

Households % share
Moderately rent-burdened 141
30.0–34.9% 13
35.0–39.9% 16
40.0-49.9% 112
Severely rent-burdened 184
All rent-burdened households 325

Affordable housing shortage

Rent vs median household income

Year Median household income Median rent Increase (2010–2021)
2010 28,594 322 -6.4%
2021 26,763 448 39.1%

Affordable housing stock

Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
624 373 -61 167.3%

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name Type Year Zipcode Number of units Income ceiling LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 154 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 99 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 200 60% AMI $504,385
HUNTINGTON RESERVE NA 2006 N/A 168 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 61 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 65 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 39 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 76 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 41 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 N/A 69 60% AMI $242,084
JEFFERSON AVENUE New construction 2020 N/A 79 60% AMI $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A 135 60% AMI $390,500
JACKSON TERRACE Acquisition and Rehab 2006 N/A 417 60% AMI $1,557,608

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