# 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    |
| ...                              | ...  | ...  | ...     | ...         | ...        | ...    | ...          |

### Builders Patch blog
### Read our blog & report summaries on affordable housing & tech

**Kittle Property Group selects Builders Patch's AI platform to streamline affordable housing development and operations** \ 
November 17, 2025

**Bridging innovation and community: reflections from the 2025 Montana Housing Partnership Conference** \ 
May 29, 2025

**New York City C-PACE Financing: PACE Funding Now Available for New Construction** \ 
August 30, 2024