# 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     |