Builders Patch | HousingCount Hardin County affordable housing data.

Hardin County

Summary

24.8% share of renter households
40.5% share of low-income households
34.8% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 2,672
Homeowner households 8,115
Total households 10,787

Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 368
Very low-income (31-50% AMI) 287
Low-income (51-80% AMI) 428
All low-income households (<80% AMI) 1,083

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 494 18.5%
30.0–34.9% 150 5.6%
35.0–39.9% 195 7.3%
40.0-49.9% 149 5.6%
Severely rent-burdened 435 16.3%
≥50.0% 435 16.3%
All rent-burdened households 929 34.8%

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 17,167
in 2021 27,897
Increase (2010–2021) 62.5%

Median rent

Median rent Amount ($)
in 2010 393
in 2021 457
Increase (2010–2021) 16.3%

Affordable housing stock

Supply, demand & shortage Units
Supply (current stock) 2,492
Demand (total units needed) 617
Shortage -775
Total shortage -775
Supply/demand ratio 403.9%

HUD National Low Income Housing Tax Credit (LIHTC) Database

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

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(HUD LIHTC Database continued here)