Builders Patch | HousingCount McMinn County affordable housing data.
McMinn County
Summary
- 25.9% share of renter households
- 48.3% share of low-income households
- 37.0% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 5,477 (25.9%) |
| Homeowner households | 15,686 (74.1%) |
| Total households | 21,163 (100.0%) |
Low-income renter households
| Income Group | Households | % Share |
|---|---|---|
| Extremely low-income | 1,201 | 21.9% |
| Very low-income | 615 | 11.2% |
| Low-income | 830 | 15.2% |
| All low-income households | 2,646 | 48.3% |
Rent-burdened households
| Households | % Share |
|---|---|
| Moderately rent-burdened | 1,137 (20.8%) |
| 30.0–34.9% | 316 (5.8%) |
| 35.0–39.9% | 286 (5.2%) |
| 40.0-49.9% | 535 (9.8%) |
| Severely rent-burdened | 892 (16.3%) |
| All rent-burdened households | 2,029 (37.0%) |
Affordable housing shortage
Median household income
- 2010: $22,313
- 2021: $34,630
- Increase (2010–2021): 55.2%
Median rent
- 2010: $336
- 2021: $541
- Increase (2010–2021): 61.0%
Affordable housing stock
- Supply, demand & shortage
- Supply (current stock): 1,864 units
- Demand (total units needed): 1,617 units
- Total shortage: 490 units
- Supply/demand ratio: 115.3%
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Location | Number of Units | Income Ceiling | LIHTC Allocation |
|---|---|---|---|---|---|---|
| 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 |