Builders Patch | HousingCount Cleveland County affordable housing data.

Cleveland County

Summary

31.3% share of renter households
43.7% share of low-income households
43.3% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 11,469
Homeowner households 25,196
Total households 36,665

Low-income renter households

Renter households by income group Households % share
Extremely low-income (≤30% AMI) 1,634 14.2%
Very low-income (31-50% AMI) 1,429 12.5%
Low-income (51-80% AMI) 1,944 17.0%
All low-income households (<80% AMI) 5,007 43.7%

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 2,784 24.3%
30.0–34.9% 888 7.7%
35.0–39.9% 894 7.8%
40.0-49.9% 1,002 8.7%
Severely rent-burdened 2,177 19.0%
All rent-burdened households 4,961 43.3%

Affordable housing shortage

Rent vs median household income

Median household income

Year Amount ($)
2010 22,596
2021 27,029
Increase (2010–2021) 19.6%

Median rent

Year Amount ($)
2010 347
2021 539
Increase (2010–2021) 55.3%

Affordable housing stock

Units Amount
Supply (current stock) 1,915
Demand (total units needed) 2,769
Shortage 1,528
Total shortage 1,528
Supply/demand ratio 69.2%

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 1 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 1 99 $1,378,252
HILLTOP VILLAGE Acquisition and Rehab 2012 N/A 0 200 $504,385
HUNTINGTON RESERVE New construction 2006 N/A 0 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 1 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 1 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 0 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 1 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 1 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 1 41 $435,816
HILTON SENIOR APTS New construction 2007 N/A 0 69 $242,084
JEFFERSON AVENUE New construction 2020 N/A 10 79 $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A 5 135 $390,500
JACOB'S HILL New construction 2006 N/A 0 103 $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab 2006 N/A 2 5 $50,769
JACKSON TERRACE Acquisition and Rehab 2006 N/A 0 417 $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab 2006 N/A 4 12 $93,887
JEFFERSON CLUSTER (143 JEFFERSON AVE) Acquisition and Rehab 2005 N/A 1 3 $43,251
INDEPENDENCE POINT New construction 2015 N/A 1 31 $491,964