Builders Patch | HousingCount Lauderdale County affordable housing data.

Lauderdale County

Summary

40.9%
share of renter households
42.2%
share of low-income households
37.7%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 3,736
Homeowner households 5,408
Total households 9,144

Low-income renter households

Renter households by income group Households % share
Extremely low-income ≤30% AMI 493 13.2%
Very low-income 31-50% AMI 719 19.2%
Low-income 51-80% AMI 364 9.7%
All low-income households <80% AMI 1,576 42.2%

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 763 20.4%
30.0–34.9% 282 7.5%
35.0–39.9% 278 7.4%
40.0-49.9% 203 5.4%
Severely rent-burdened 646 17.3%
≥50.0% 646 17.3%
All rent-burdened households 1,409 37.7%

Affordable housing shortage

Rent vs median household income

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
1,476 1,040 74 141.9%

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HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states
Construction
Placed in service
Location
Number of units
Income ceiling
LIHTC allocation
Name
Type
Year
Zipcode
Market Rate
Low-income
Type
Amount

Properties

Name Type Year Zipcode Market Rate Low-income Type Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 N/A $1,378,252
HILLTOP VILLAGE New construction - Rehab 2012 N/A N/A 200 N/A $504,385
HUNTINGTON RESERVE N/A 2006 N/A N/A 168 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 61 N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 65 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 88 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 39 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 76 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 41 N/A $435,816
HILTON SENIOR APTS New construction 2007 N/A N/A 69 N/A $242,084
JEFFERSON AVENUE New construction 2020 N/A N/A 79 N/A $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A N/A 135 N/A $390,500
JACOB'S HILL New construction 2006 N/A N/A 103 N/A $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab 2006 N/A N/A 5 N/A $50,769
JACKSON TERRACE Acquisition and Rehab 2006 N/A N/A 417 N/A $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab 2006 N/A N/A 12 N/A $88,403
JEAN C MCKINNEY MANOR New construction 2005 N/A N/A 49 N/A $562,511
HOA MAI GARDENS New construction 2017 N/A N/A 110 N/A $1,986,793

HousingCount

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