Builders Patch | HousingCount Morgan County affordable housing data.
Morgan County
Summary
36.1% share of renter households
52.2% share of low-income households
39.1% share of rent-burdened households
Renter population data
| Households |
% share |
| Renter households |
3,830 |
| Homeowner households |
6,771 |
| Total households |
10,601 |
| Low-income renter households |
1,999 |
Renter households by income group
| Households |
% share |
| Extremely low-income ≤30% AMI |
692 |
| Very low-income 31-50% AMI |
479 |
| Low-income 51-80% AMI |
828 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
837 |
21.9% |
| 30.0–34.9% |
327 |
8.5% |
| 35.0–39.9% |
307 |
8.0% |
| 40.0-49.9% |
203 |
5.3% |
| Severely rent-burdened |
659 |
17.2% |
Affordable housing shortage
| Median household income |
Amount ($) |
| in 2010 |
30,962 |
| in 2021 |
44,729 |
| Increase (2010–2021) |
44.5% |
| Median rent |
Amount ($) |
| in 2010 |
387 |
| in 2021 |
779 |
| Increase (2010–2021) |
101.3% |
| Affordable housing stock |
Units |
| Supply (current stock) |
1,712 |
| Demand (total units needed) |
1,093 |
| Shortage |
-258 |
| Total shortage |
-258 |
| Supply/Demand ratio |
156.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Units |
Year |
|
|
|
|
Income ceiling |
LIHTC allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
N/A |
2014 |
|
|
|
|
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
N/A |
2007 |
|
|
|
|
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
N/A |
2012 |
|
|
|
|
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
NA |
N/A |
2006 |
|
|
|
|
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
N/A |
2016 |
|
|
|
|
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
N/A |
2008 |
|
|
|
|
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
N/A |
2012 |
|
|
|
|
60% AMI |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
N/A |
2013 |
|
|
|
|
60% AMI |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
N/A |
2009 |
|
|
|
|
60% AMI |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
N/A |
2016 |
|
|
|
|
60% AMI |
$435,816 |
... (additional entries will follow the same structure) ...
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