Builders Patch | HousingCount Cumberland County affordable housing data.

Cumberland County

Summary

Renter population data

Renters vs homeowners

Households % share
Renter households 60,445
Homeowner households 64,713
Total households 125,158

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 10,177
Very low-income (31-50% AMI) 4,652
Low-income (51-80% AMI) 12,241
All low-income households (<80% AMI) 27,070

Rent-burdened households

Households % share
Moderately rent-burdened (30.0–34.9%) 14,832
30.0–34.9% 4,838
35.0–39.9% 4,016
40.0-49.9% 5,978
Severely rent-burdened (≥50.0%) 13,707
All rent-burdened households 28,539

Affordable housing shortage

Rent vs median household income

Description Amount ($)
Median household income in 2010 31,614
Median household income in 2021 37,862
Increase (2010–2021) 19.8%
Median rent in 2010 633
Median rent in 2021 773
Increase (2010–2021) 22.1%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
Total units needed 14,220 1,272 13,179 8.9%

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HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income LIHTC allocation
HIGHBRIDGE OVERLOOK New construction N/A 10452 N/A 154 $1,804,887
IRVINGTON FAMILY APTS New construction N/A 94538 N/A 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 32208 N/A 200 $504,385
HUNTINGTON RESERVE NA N/A 32773 N/A 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 91768 N/A 61 $1,557,010
INTERVALE GARDENS LLC New construction N/A 10459 N/A 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction N/A 33905 N/A 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 90018 N/A 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction N/A 92243 N/A 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab N/A 95490 N/A 41 $435,816
HILTON SENIOR APTS New construction N/A 14468 N/A 69 $242,084
JEFFERSON AVENUE New construction N/A 14208 N/A 79 $0
INGRAM PRESERVATION Acquisition and Rehab N/A 90026 N/A 135 $390,500
JACOB'S HILL New construction N/A 10567 N/A 103 $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab N/A 11233 N/A 5 $50,769
JACKSON TERRACE Acquisition and Rehab N/A 11550 N/A 417 $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab N/A 11216 N/A 12 $88,403
JEAN C MCKINNEY MANOR New construction N/A 92114 N/A 49 $562,511
HOA MAI GARDENS New construction N/A 98104 N/A 110 $1,986,793
IMPACCT PRESERVATION - SOUTHERN CLUSTER Acquisition and Rehab N/A 11221 N/A 84 $479,210
Imani FE East & West New construction N/A 90002 N/A 90 $1,666,926

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