Builders Patch | HousingCount Lawrence County affordable housing data.

Lawrence County

Summary

25.7%

share of renter households

47.1%

share of low-income households

34.5%

share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 4,239
Homeowner households 12,244
Total households 16,483

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 513
Very low-income 31-50% AMI 492
Low-income 51-80% AMI 993
All low-income households <80% AMI 1,998

Rent-burdened households

Households % share
Moderately rent-burdened 875
30.0–34.9% 299
35.0–39.9% 170
40.0-49.9% 406
Severely rent-burdened 588
≥50.0% 588
All rent-burdened households 1,463

Affordable housing shortage

Rent vs median household income

| Median household income || Amount ($) | |------------------------|-------------| | in 2010 | 17,333 | | in 2021 | 26,285 | | Increase (2010–2021) | 51.6% |

| Median rent || Amount ($) | |-----------|-------------| | in 2010 | 352 | | in 2021 | 460 | | Increase (2010–2021) | 30.7% |

Affordable housing stock

Supply, demand & shortage Units
Supply (current stock) 252
Demand (total units needed) 880
Total shortage 642
Supply/demand ratio 28.6%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Number of units Income ceiling LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 154 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 99 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 200 60% AMI $504,385
HUNTINGTON RESERVE NA 2006 N/A 168 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 61 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 65 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 39 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 76 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 41 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 N/A 69 60% AMI $242,084
JEFFERSON AVENUE New construction 2020 N/A 79 60% AMI $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A 135 60% AMI $390,500
JACOB'S HILL New construction 2006 N/A 103 60% AMI $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab 2006 N/A 5 60% AMI $50,769
JACKSON TERRACE Acquisition and Rehab 2006 N/A 417 60% AMI $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab 2006 N/A 12 60% AMI $88,403