Builders Patch | HousingCount Citrus County affordable housing data.

Citrus County

Summary

16.3%

share of renter households

49.8%

share of low-income households

47.6%

share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 10,738
Homeowner households 55,105
Total households 65,843

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 1,230
Very low-income 31-50% AMI 2,045
Low-income 51-80% AMI 2,074
All low-income households <80% AMI 5,349

Rent-burdened households

Households % share
Moderately rent-burdened 2,222
30.0–34.9% 822
35.0–39.9% 643
40.0-49.9% 757
Severely rent-burdened 2,886
≥50.0% 2,886
All rent-burdened households 5,108

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 25,037
in 2021 32,609
Increase (2010–2021) 30.2%
Median rent Amount ($)
in 2010 791
in 2021 749
Increase (2010–2021) -5.3%

Affordable housing stock

| Supply (current stock) | 1,193 | | Demand (total units needed) | 2,772 | | Shortage | 1,804 | | Total shortage | 1,804 | | Supply/demand ratio | 43.0% |

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Location 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 N/A 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

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