Builders Patch | HousingCount Lake County affordable housing data.

Lake County

Summary

21.4% share of renter households
44.2% share of low-income households
55.8% share of rent-burdened households

Renter population data

Households % share
Renter households 599
Homeowner households 2,196
Total households 2,795
Households % share
Extremely low-income (≤30% AMI) 123
Very low-income (31-50% AMI) 48
Low-income (51-80% AMI) 94
All low-income households 265
Households % share
Moderately rent-burdened 196
30.0–34.9% 108
35.0–39.9% 12
40.0-49.9% 76
Severely rent-burdened 138
All rent-burdened households 334

Affordable housing shortage

Median household income Amount ($)
in 2010 24,497
in 2021 50,299
Increase (2010–2021) 105.3%
Median rent Amount ($)
in 2010 801
in 2021 1,082
Increase (2010–2021) 35.1%
Supply, demand & shortage Units
Supply (current stock) 642
Demand (total units needed) 171
Shortage -239
total shortage 375.4%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Market Rate Low-income LIHTC allocation
HIGHBRIDGE OVERLOOK New construction 2014 10452 N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 94538 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 32208 N/A $504,385
HUNTINGTON RESERVE N/A 2006 32773 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 91768 N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 10459 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 33905 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 90018 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 92243 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 95490 N/A $435,816
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