Builders Patch | HousingCount Elbert County affordable housing data.

Elbert County

Summary

7.4%
share of renter households
43.0%
share of low-income households
31.1%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 684
Homeowner households 8,577
Total households 9,261

Low-income renter households

Households % share
Extremely low-income ≤30% AMI
Very low-income 31-50% AMI
Low-income 51-80% AMI
All low-income households <80% AMI

Rent-burdened households

Households % share
Moderately rent-burdened 118
30.0–34.9% 23
35.0–39.9% 45
40.0-49.9% 50
Severely rent-burdened 95
≥50.0% 95
All rent-burdened households 213

Affordable housing shortage

Amount ($)
Median household income
in 2010 42,250
in 2021 54,519
Increase (2010–2021) 29.0%
Median rent
in 2010 703
in 2021 1,112
Increase (2010–2021) 58.2%

Affordable housing stock

Units
Supply (current stock) 591
Demand (total units needed) 166
Shortage -151
Total shortage -151
Supply/Demand ratio 356.0%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Income Ceiling LIHTC Allocation Amount
HIGHBRIDGE OVERLOOK New construction N/A 10452 N/A 1 $1,804,887
IRVINGTON FAMILY APTS New construction N/A 94538 N/A 1 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 32208 N/A 0 $504,385
HUNTINGTON RESERVE NA N/A 32773 N/A 0 $424,046
... (additional entries follow here) ...