Builders Patch | HousingCount Franklin County affordable housing data.
Franklin County
Summary
24.2%
share of renter households
46.0%
share of low-income households
39.9%
share of rent-burdened households
Renter population data
| Households |
% share |
| Renter households |
6,161 |
| Homeowner households |
19,312 |
| Total households |
25,473 |
| Low-income renter households |
2,834 |
| Renter households by income group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
917 |
14.9% |
| Very low-income (31-50% AMI) |
658 |
10.7% |
| Low-income (51-80% AMI) |
1,259 |
20.4% |
| All low-income households (<80% AMI) |
2,834 |
46.0% |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
1,150 |
18.7% |
| 30.0–34.9% |
390 |
6.3% |
| 35.0–39.9% |
305 |
5.0% |
| 40.0-49.9% |
455 |
7.4% |
| Severely rent-burdened |
1,311 |
21.3% |
| ≥50.0% |
1,311 |
21.3% |
| All rent-burdened households |
2,461 |
39.9% |
Affordable housing shortage
| Metric |
Amount ($) |
| Median household income (2010) |
25,111 |
| Median household income (2021) |
36,794 |
| Increase (2010–2021) |
46.5% |
| Median rent (2010) |
513 |
| Median rent (2021) |
680 |
| Increase (2010–2021) |
32.6% |
| Units |
Amount |
| Supply (current stock) |
12,448 |
| Demand (total units needed) |
1,438 |
| Shortage |
-5,468 |
| Total shortage |
-5,468 |
| Supply/demand ratio |
865.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Number of units |
Income ceiling |
LIHTC allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
10452 |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
94538 |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
32208 |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
32773 |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
91768 |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
10459 |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
33905 |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
90018 |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
N/A |
92243 |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
N/A |
95490 |
$435,816 |
| HILTON SENIOR APTS |
New construction |
2007 |
N/A |
14468 |
$242,084 |
| JEFFERSON AVENUE |
New construction |
2020 |
N/A |
14208 |
$0 |
| INGRAM PRESERVATION |
Acquisition and Rehab |
2005 |
N/A |
90026 |
$390,500 |
| JACOB'S HILL |
New construction |
2006 |
N/A |
10567 |
$1,420,505 |
| HOWARD AVENUE CLUSTER |
Acquisition and Rehab |
2006 |
N/A |
11233 |
$50,769 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
32773 |
$424,046 |
| HICKORY HILL |
Acquisition and Rehab |
2006 |
N/A |
32304 |
$1,038,070 |