# Clay County

### Summary

- **23.3%** share of renter households
- **42.2%** share of low-income households
- **36.8%** share of rent-burdened households

### Renter population data

| Households              | % share    |
|------------------------|------------|
| Renter households      | 1,199      |
| Homeowner households   | 3,953      |
| Total households       | 5,152      |

### Low-income renter households

| Income Group                 | Households | % share  |
|------------------------------|------------|----------|
| Extremely low-income (≤30% AMI) | 267        | 22.3%    |
| Very low-income (31-50% AMI)         | 110        | 9.2%     |
| Low-income (51-80% AMI)             | 129        | 10.8%    |
| All low-income households (<80% AMI) | 506        | 42.2%    |

### Rent-burdened households

| Share of income spent on rent | Households | % share    |
|-------------------------------|------------|------------|
| Moderately rent-burdened      | 208        | 17.3%      |
| 30.0–34.9%                   | 56         | 4.7%       |
| 35.0–39.9%                   | 31         | 2.6%       |
| 40.0-49.9%                   | 121        | 10.1%      |
| Severely rent-burdened       | 233        | 19.4%      |
| ≥50.0%                       | 233        | 19.4%      |
| All rent-burdened households  | 441        | 36.8%      |

### Affordable housing shortage

| Metric                         | Amount ($)  |
|--------------------------------|-------------|
| Median household income (2010) | 19,778      |
| Median household income (2021) | 36,813      |
| Increase (2010–2021)          | 86.1%       |
| Median rent (2010)            | 440         |
| Median rent (2021)            | 594         |
| Increase (2010–2021)          | 35.0%       |

| Supply & Demand               | Units      |
|-------------------------------|------------|
| Supply (current stock)        | 3,520      |
| Demand (total units needed)   | 363        |
| Shortage                       | -1,710     |
| Total shortage                 | -1,710     |
| Supply/Demand ratio            | 969.7%     |

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

| Name                             | Type                     | Year | Number of units | Income ceiling | LIHTC allocation |  
|---------------------------------|--------------------------|------|----------------|-----------------|------------------|  
| HIGHBRIDGE OVERLOOK             | New construction         | 2014  | N/A            | 10452           | N/A              |  
| IRVINGTON FAMILY APTS           | New construction         | 2007  | N/A            | 94538           | N/A              |  
| HILLTOP VILLAGE                 | New construction - Acquisition and Rehab | 2012  | N/A            | 32208           | N/A              |  
| HUNTINGTON RESERVE              | NA                       | 2006  | N/A            | 32773           | N/A              |  
| HOLT + HAMILTON FAMILY APARTMENTS | New construction         | 2016  | N/A            | 91768           | N/A              |  
| INTERVALE GARDENS LLC           | New construction         | 2008  | N/A            | 10459           | N/A              |  
| ...                             | ...                      | ...  | ...            | ...             | ...              |

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