# 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 |
