Builders Patch | HousingCount Cumberland County affordable housing data.

Cumberland County

Summary

21.4% share of renter households

51.0% share of low-income households

33.9% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 5,676
Homeowner households 20,847
Total households 26,523

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 910
Very low-income 31-50% AMI 950
Low-income 51-80% AMI 1,037
All low-income households <80% AMI 2,897

Rent-burdened households

Households % share
Moderately rent-burdened 873
30.0–34.9% 375
35.0–39.9% 206
40.0-49.9% 292
Severely rent-burdened 1,051
≥50.0% 1,051
All rent-burdened households 1,924

Affordable housing shortage

Amount ($)
Median household income
in 2010 21,155
in 2021 32,732
Increase (2010–2021) 54.7%
Median rent
in 2010 646
in 2021 592
Increase (2010–2021) -8.4%
Affordable housing stock
Supply (current stock) 1,460
Demand (total units needed) 1,582
Shortage 622
Total shortage 622
Supply/demand ratio 92.3%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Type Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 0 154 N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 0 99 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 0 200 N/A $504,385
HUNTINGTON RESERVE NA 2006 N/A 0 168 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 1 61 N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 1 65 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 0 88 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 1 39 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 1 76 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 1 41 N/A $435,816

... (The remaining entries follow similar patterns) ...

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