# Lenoir County

### Summary

42.3%  
share of renter households  
41.2%  
share of low-income households  
40.1%  
share of rent-burdened households

### Renter population data

**Renters vs homeowners**  
| Households             | % share   |
|------------------------|-----------|
| Renter households      | 9,634     | 42.3%     |
| Homeowner households    | 13,133    | 57.7%     |
| Total households        | 22,767    | 100.0%    |

**Low-income renter households**  
**Renter households by income group**  
| Households              | % share   |
|-------------------------|-----------|
| Extremely low-income     | ≤30% AMI  | 1,081     | 11.2%     |
| Very low-income         | 31-50% AMI | 1,869     | 19.4%     |
| Low-income              | 51-80% AMI | 1,019     | 10.6%     |
| All low-income households | <80% AMI  | 3,969     | 41.2%     |

**Rent-burdened households**  
**Share of income spent on rent**  
| Households              | % share   |
|-------------------------|-----------|
| Moderately rent-burdened | 2,051     | 21.3%     |
| 30.0–34.9%              | 583       | 6.1%      |
| 35.0–39.9%              | 736       | 7.6%      |
| 40.0-49.9%              | 732       | 7.6%      |
| Severely rent-burdened   | 1,817     | 18.9%     |
| ≥50.0%                  | 1,817     | 18.9%     |
| All rent-burdened households | 3,868   | 40.1%     |

### Affordable housing shortage

**Rent vs median household income**  
| Year   | Median household income ($) | Median rent ($) | Increase (%) |
|--------|----------------------------|-----------------|--------------|
| 2010   | 19,387                     | 482             | 55.2%        |
| 2021   | 30,092                     | 485             | 0.6%         |

**Affordable housing stock**  
| Units   | Supply (current stock) | Demand (total units needed) | Shortage |
|---------|------------------------|----------------------------|----------|
|         | 1,522                  | 2,381                      | 1,190    |
|         |                        |                            | 63.9%     
|         |   supply/demand ratio   |                            |          |

## HUD National Low Income Housing Tax Credit (LIHTC) Database

**List of states**

| 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                | N/A                       | 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          |         |
| JEFFERSON CLUSTER (161 HALSEY ST) | Acquisition and Rehab     | 2005 | N/A     | 6               | 60% AMI        | $64,594          |         |
| HOLLYWOOD WESTERN APTS           | New construction           | 2003 | N/A     | 59              | 60% AMI        | $911,341         |         |
| HUDSON RIDGE                     | New construction           | 2010 | N/A     | 168             | 60% AMI        | $761,458         |         |