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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