Builders Patch | HousingCount Cattaraugus County affordable housing data.

Cattaraugus County

Summary

27.4% share of renter households

44.6% share of low-income households

42.6% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 8,596
Homeowner households 22,737
Total households 31,333

Low-income renter households
Renter households by income group

Households % share
Extremely low-income ≤30% AMI 940
Very low-income 31-50% AMI 1,450
Low-income 51-80% AMI 1,446
All low-income households <80% AMI 3,836

Rent-burdened households
Share of income spent on rent

Households % share
Moderately rent-burdened 1,913
30.0–34.9% 706
35.0–39.9% 478
40.0-49.9% 729
Severely rent-burdened 1,749
≥50.0% 1,749
All rent-burdened households 3,662

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 23,631
in 2021 28,160
Increase (2010–2021) 19.2%

Median rent

Median rent Amount ($)
in 2010 470
in 2021 536
Increase (2010–2021) 14.0%

Affordable housing stock

Units
Supply (current stock) 484
Demand (total units needed) 2,211
Shortage 1,769
Total shortage 1,769
Supply/demand ratio 21.9%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Construction Year Market Rate Low-income LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 1 N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 1 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 0 N/A $504,385
HUNTINGTON RESERVE NA 2006 N/A 0 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 1 N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 1 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 0 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 1 N/A $674,261
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