Builders Patch | HousingCount Hernando County affordable housing data.
Hernando County
Summary
20.9%
share of renter households
44.8%
share of low-income households
49.2%
share of rent-burdened households
Renter population data
| Households |
% share |
| Renter households |
16,321 |
| Homeowner households |
61,720 |
| Total households |
78,041 |
Low-income renter households
| Households |
% share |
| Extremely low-income (≤30% AMI) |
2,568 |
| Very low-income (31-50% AMI) |
1,221 |
| Low-income (51-80% AMI) |
3,517 |
| All low-income households (<80% AMI) |
7,306 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
4,000 |
24.5% |
| 30.0–34.9% |
1,555 |
9.5% |
| 35.0–39.9% |
1,121 |
6.9% |
| 40.0-49.9% |
1,324 |
8.1% |
| Severely rent-burdened |
4,025 |
24.7% |
| ≥50.0% |
4,025 |
24.7% |
| All rent-burdened households |
8,025 |
49.2% |
Affordable housing shortage
| Metric |
Amount ($) |
| Median household income (2010) |
27,223 |
| Median household income (2021) |
37,455 |
| Increase (2010–2021) |
37.6% |
| Median rent (2010) |
548 |
| Median rent (2021) |
875 |
| Increase (2010–2021) |
59.7% |
| Supply, demand & shortage |
Units |
| Supply (current stock) |
1,399 |
| Demand (total units needed) |
3,591 |
| Shortage |
2,449 |
| Total shortage |
2,449 |
| Supply/demand ratio |
39.0% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Placed in service |
Income ceiling |
LIHTC allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
Acquisition and Rehab |
2012 |
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
New construction |
2006 |
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
60% AMI |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
60% AMI |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
60% AMI |
$1,142,750 |
(Additional properties omitted for brevity.)
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