Builders Patch | HousingCount Montgomery County affordable housing data.

Montgomery County

Summary

34.6%
share of renter households
48.0%
share of low-income households
48.5%
share of rent-burdened households

Renter population data

Households % share
Renter households 132,562
Homeowner households 250,746
Total households 383,308

Low-income renter households

Households % share
Extremely low-income ≤30% AMI
Very low-income 31-50% AMI
Low-income 51-80% AMI
All low-income households <80% AMI

Rent-burdened households

Households % share
Moderately rent-burdened 32,574
30.0–34.9% 11,887
35.0–39.9% 8,777
40.0-49.9% 11,910
Severely rent-burdened 31,773

Affordable housing shortage

Description Amount ($)
Median household income in 2010 54,613
Median household income in 2021 72,005
Increase (2010–2021) 31.8%
Median rent in 2010 1,023
Median rent in 2021 1,729
Increase (2010–2021) 69.0%
Supply, demand & shortage Units
Supply (current stock) 2,502
Demand (total units needed) 32,839
Shortage 30,518
Total shortage 30,518
Supply/demand ratio 7.6%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Construction Placed in service Location Number of units Income ceiling LIHTC allocation
HIGHBRIDGE OVERLOOK New construction N/A 10452 1 N/A $1,804,887
IRVINGTON FAMILY APTS New construction N/A 94538 1 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 32208 0 N/A $504,385
HUNTINGTON RESERVE NA N/A 32773 0 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 91768 1 N/A $1,557,010
INTERVALE GARDENS LLC New construction N/A 10459 1 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction N/A 33905 0 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 90018 1 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction N/A 92243 1 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab N/A 95490 1 N/A $435,816
HILTON SENIOR APTS New construction N/A 14468 0 N/A $242,084
JEFFERSON AVENUE New construction N/A 14208 10 N/A $0
INGRAM PRESERVATION Acquisition and Rehab N/A 90026 5 N/A $390,500
JACOB'S HILL New construction N/A 10567 0 N/A $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab N/A 11233 2 N/A $50,769
JACKSON TERRACE Acquisition and Rehab N/A 11550 0 N/A $1,557,608

--- > Additional property listings were omitted for brevity.