Builders Patch | HousingCount Cortland County affordable housing data.
Cortland County
Summary
32.7% share of renter households
43.2% share of low-income households
40.1% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
5,964 |
| Homeowner households |
12,296 |
| Total households |
18,260 |
Low-income renter households
| Type of Income |
Households |
% share |
| Extremely low-income (≤30% AMI) |
1,012 |
17.0% |
| Very low-income (31-50% AMI) |
456 |
7.6% |
| Low-income (51-80% AMI) |
1,108 |
18.6% |
| All low-income households (<80% AMI) |
2,576 |
43.2% |
Rent-burdened households
| Type |
Households |
% share |
| Moderately rent-burdened |
1,153 |
19.3% |
| Spending 30.0–34.9% of income |
369 |
6.2% |
| Spending 35.0–39.9% of income |
330 |
5.5% |
| Spending 40.0-49.9% of income |
454 |
7.6% |
| Severely rent-burdened |
1,239 |
20.8% |
| Spending ≥50.0% of income |
1,239 |
20.8% |
| All rent-burdened households |
2,392 |
40.1% |
Affordable housing shortage
Rent vs median household income
| Median household income |
Amount ($) |
| in 2010 |
25,970 |
| in 2021 |
38,460 |
| Increase (2010–2021) |
48.1% |
| Median rent |
Amount ($) |
| in 2010 |
470 |
| in 2021 |
708 |
| Increase (2010–2021) |
50.6% |
Affordable housing stock
| Units |
Count |
| Supply (current stock) |
75,265 |
| Demand (total units needed) |
1,433 |
| Shortage |
-63,006 |
| Total shortage |
5252.3% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Location |
Number of units |
Income ceiling |
LIHTC allocation () |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
10452 |
N/A |
1 |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
94538 |
N/A |
1 |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
32208 |
N/A |
0 |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
32773 |
N/A |
0 |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
91768 |
N/A |
1 |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
10459 |
N/A |
1 |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
33905 |
N/A |
0 |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
90018 |
N/A |
1 |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
92243 |
N/A |
1 |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
95490 |
N/A |
1 |
$435,816 |
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This content is part of Builders Patch's ongoing efforts to provide data and resources for affordable housing solutions.