Builders Patch | HousingCount New York County affordable housing data.
New York County
Summary
75.3%
share of renter households
47.1%
share of low-income households
43.6%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 578,094 |
| Homeowner households | 189,119 |
| Total households | 767,213 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income ≤30% AMI | 134,458 |
| Very low-income 31-50% AMI | 72,142 |
| Low-income 51-80% AMI | 65,883 |
| All low-income households <80% AMI | 272,483 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 123,313 |
| 30.0–34.9% | 49,712 |
| 35.0–39.9% | 31,967 |
| 40.0-49.9% | 41,634 |
| Severely rent-burdened | 128,904 |
| ≥50.0% | 128,904 |
| All rent-burdened households | 252,217 |
Affordable housing shortage
Rent vs median household income
| Median household income | Amount ($) |
|---|---|
| in 2010 | 52,400 |
| in 2021 | 76,806 |
| Increase (2010–2021) | 46.6% |
| Median rent | Amount ($) |
|---|---|
| in 2010 | 468 |
| in 2021 | 1,768 |
| Increase (2010–2021) | 277.8% |
Affordable housing stock
| Supply, demand & shortage | Units |
|---|---|
| Supply (current stock) | 5,584 |
| Demand (total units needed) | 182,088 |
| Shortage | 176,693 |
| total shortage | 176,693 |
| supply/demand ratio | 3.1% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income Type | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | N/A | 2014 | N/A | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | N/A | 2007 | N/A | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | N/A | 2012 | N/A | N/A | $504,385 |
| HUNTINGTON RESERVE | NA | N/A | 2006 | N/A | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A | 2016 | N/A | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | N/A | 2008 | N/A | N/A | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | N/A | 2012 | N/A | N/A | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | N/A | 2013 | N/A | N/A | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | N/A | 2009 | N/A | N/A | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | N/A | 2016 | N/A | N/A | $435,816 |
| HILTON SENIOR APTS | New construction | N/A | 2007 | N/A | N/A | $242,084 |
| JACKSON TERRACE | Acquisition and Rehab | N/A | 2006 | N/A | N/A | $1,557,608 |
| JEFFERSON CLUSTER (ATLANTIC AVE) | Acquisition and Rehab | N/A | 2006 | N/A | N/A | $93,887 |
| JACKSON MANOR APARTMENTS + LASSEN VIEW APARTMENTS | Acquisition and Rehab | N/A | 2015 | N/A | N/A | $706,615 |
| HOGAR GARDEN COURT | New construction | N/A | 2021 | N/A | N/A | $0 |