Builders Patch | HousingCount Charles County affordable housing data.

Charles County

Summary

21.7%
share of renter households
50.6%
share of low-income households
44.1%
share of rent-burdened households

Renter population data

Households % share
Renter households 12,618
Homeowner households 45,520
Total households 58,138
Low-income renter households
Renter households by income group Households % share
Extremely low-income ≤30% AMI 2,323 18.4%
Very low-income 31-50% AMI 857 6.8%
Low-income 51-80% AMI 3,200 25.4%
All low-income households <80% AMI 6,380 50.6%

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 2,859 22.7%
30.0–34.9% 782 6.2%
35.0–39.9% 948 7.5%
40.0-49.9% 1,129 8.9%
Severely rent-burdened 2,705 21.4%
≥50.0% 2,705 21.4%
All rent-burdened households 5,564 44.1%

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($)
2010 49,713 514
2021 67,644 1,598
Increase (2010–2021) 36.1% 210.9%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage
1,502 3,113 1,894
48.2%
total shortage

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A 60% AMI $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 N/A N/A 60% AMI $242,084
JEFFERSON AVENUE New construction 2020 N/A N/A 60% AMI $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A N/A 60% AMI $390,500