# Edgecombe County

### Summary

38.6% share of renter households  
44.9% share of low-income households  
38.3% share of rent-burdened households

### Renter population data

#### Renters vs homeowners

| Households                     | % share   |
|--------------------------------|-----------|
| Renter households              | 7,437     |
| Homeowner households           | 11,822    |
| Total households               | 19,259    |

#### Low-income renter households

| Households                     | % share   |
|--------------------------------|-----------|
| Extremely low-income (≤30% AMI)| 1,502     |
| Very low-income (31-50% AMI)  | 608       |
| Low-income (51-80% AMI)       | 1,230     |
| All low-income households (<80% AMI)| 3,340 |

#### Rent-burdened households

| Households                     | % share   |
|--------------------------------|-----------|
| Moderately rent-burdened       | 1,320     |
| 30.0–34.9%                     | 402       |
| 35.0–39.9%                     | 489       |
| 40.0-49.9%                     | 429       |
| Severely rent-burdened        | 1,528     |
| ≥50.0%                        | 1,528     |
| All rent-burdened households   | 2,848     |

### Affordable housing shortage

#### Rent vs median household income

| Year         | Median household income ($) | Median rent ($) | Increase (2010–2021) |
|--------------|------------------------------|------------------|---------------------|
| 2010         | 18,847                       | 542              |                     |
| 2021         | 26,619                       | 476              | 41.2%              |

#### Affordable housing stock

| Units                        | Supply (current stock) | Demand (total units needed) | Shortage | Supply/Demand Ratio |
|------------------------------|------------------------|-----------------------------|----------|---------------------|
|                              | 1,650                  | 1,992                       | 1,034    | 82.8%               |

## **HUD National Low Income Housing Tax Credit (LIHTC) Database**

| Name                            | Type                                        | Year | Zipcode | Number of units | Income ceiling | LIHTC allocation | Amount ($)     |
|---------------------------------|---------------------------------------------|------|---------|----------------|----------------|-----------------|----------------|
| HIGHBRIDGE OVERLOOK            | New construction                             | 2014 | N/A     | 154            | 60% AMI       | $1,804,887      |
| IRVINGTON FAMILY APTS          | New construction                             | 2007 | N/A     | 99             | 60% AMI       | $1,378,252      |
| HILLTOP VILLAGE                | Acquisition and Rehab                        | 2012 | N/A     | 200            | 60% AMI       | $504,385        |
| HUNTINGTON RESERVE             | NA                                          | 2006 | N/A     | 168            | 60% AMI       | $424,046        |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction                          | 2016 | N/A     | 61             | 60% AMI       | $1,557,010      |
| INTERVALE GARDENS LLC          | New construction                             | 2008 | N/A     | 65             | 60% AMI       | $659,087        |
| HOMES OF RENAISSANCE PRESERVE II| New construction                             | 2012 | N/A     | 88             | 60% AMI       | $1,510,000      |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS| New construction                     | 2013 | N/A     | 39             | 60% AMI       | $674,261        |
| IMPERIAL GARDENS FAMILY APTS   | New construction                             | 2009 | N/A     | 76             | 60% AMI       | $1,142,750      |
| HOLLY HEIGHTS I + II APARTMENTS| Acquisition and Rehab                        | 2016 | N/A     | 41             | 60% AMI       | $435,816        |