Builders Patch | HousingCount Grundy County affordable housing data.

Grundy County

Summary

18.9% share of renter households
45.7% share of low-income households
27.0% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 915
Homeowner households 3,918
Total households 4,833

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 109
Very low-income (31-50% AMI) 192
Low-income (51-80% AMI) 117
All low-income households (<80% AMI) 418

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 148 16.2%
30.0–34.9% 81 8.9%
35.0–39.9% 24 2.6%
40.0-49.9% 43 4.7%
Severely rent-burdened 99 10.8%
≥50.0% 99 10.8%
All rent-burdened households 247 27.0%

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($)
2010 16,643 425
2021 30,176 491
Increase (2010–2021) 81.3% 15.5%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
Total 812 181 -344 448.6%

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name Type Year Zipcode Market Rate Low-income Type Amount
HIGHBRIDGE OVERLOOK New construction N/A 2014 N/A 1 N/A $1,804,887
IRVINGTON FAMILY APTS New construction N/A 2007 N/A 1 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 2012 N/A 0 N/A $504,385
HUNTINGTON RESERVE NA N/A 2006 N/A 0 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 2016 N/A 1 N/A $1,557,010
INTERVALE GARDENS LLC New construction N/A 2008 N/A 1 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction N/A 2012 N/A 0 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 2013 N/A 1 N/A $674,261
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