# Catawba County

### Summary

29.6%
share of renter households  
43.2%
share of low-income households  
31.4%
share of rent-burdened households

### Renter population data

#### Renter vs Homeowner

| Households            | % share   |
|----------------------|-----------|
| Renter households     | 18,732    | 29.6%    |
| Homeowner households  | 44,654    | 70.4%    |
| Total households      | 63,386    | 100.0%   |

#### Low-income renter households

| Households            | % share   |
|----------------------|-----------|
| Extremely low-income  | ≤30% AMI  | 3,087    | 16.5%  |
| Very low-income       | 31-50% AMI | 1,544    | 8.2%   |
| Low-income            | 51-80% AMI | 3,452    | 18.4%  |
| All low-income        | <80% AMI   | 8,083    | 43.2%  |

#### Rent-burdened households

| Households            | % share   |
|----------------------|-----------|
| Moderately rent-burdened   | 3,485    | 18.6%  |
| 30.0–34.9%         | 1,506    | 8.0%   |
| 35.0–39.9%         | 666      | 3.6%   |
| 40.0-49.9%         | 1,313    | 7.0%   |
| Severely rent-burdened | 2,397    | 12.8%  |
| ≥50.0%             | 2,397    | 12.8%  |
| All rent-burdened households| 5,882    | 31.4%  |

### Affordable housing shortage

|                     | Amount ($)   |
|---------------------|---------------|
| Median household income in 2010 | 27,580        |
| Median household income in 2021 | 38,922        |
| Increase (2010–2021)          | 41.1%         |
| Median rent                 |  
| Amount ($) in 2010       | 564          |
| Amount ($) in 2021       | 601          |
| Increase (2010–2021)      | 6.6%         |

### Affordable housing stock

| Units                  |                  |
|------------------------|------------------|
| Supply (current stock)  | 2,367           |
| Demand (total units needed)| 4,527           |
| Shortage                | 2,655           |
|  total shortage        | 2,655           |
| Supply/Demand Ratio     | 52.3%          |

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

#### List of states

| Name                               | Type              | Year | Zipcode | Market Rate | Low-income | 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 APARTMENTS  | 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 |

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