# Okeechobee County

### Summary

- **27.2%** share of renter households
- **48.0%** share of low-income households
- **43.8%** share of rent-burdened households

### Renter population data

| Type                     | Households | % share  |
|--------------------------|------------|----------|
| Renter households        | 4,021      | 27.2%    |
| Homeowner households     | 10,773     | 72.8%    |
| Total households         | 14,794     | 100.0%   |

### Low-income renter households

| Income Group            | Households | % share  |
|-------------------------|------------|----------|
| Extremely low-income     | ≤30% AMI  | 484      | 12.0%    |
| Very low-income         | 31-50% AMI | 651      | 16.2%    |
| Low-income              | 51-80% AMI | 795      | 19.8%    |
| All low-income households| <80% AMI   | 1,930    | 48.0%    |

### Rent-burdened households

| Burden Type                      | Households | % share  |
|----------------------------------|------------|----------|
| Moderately rent-burdened         | 1,009      | 25.1%    |
| 30.0–34.9%                        | 287        | 7.1%     |
| 35.0–39.9%                        | 395        | 9.8%     |
| 40.0-49.9%                        | 327        | 8.1%     |
| Severely rent-burdened           | 753        | 18.7%    |
| ≥50.0%                           | 753        | 18.7%    |
| All rent-burdened households     | 1,762      | 43.8%    |

### Affordable housing shortage

| Metric                                 | Amount ($) |
|----------------------------------------|------------|
| Median household income (2010)        | 31,272     |
| Median household income (2021)        | 33,086     |
| Increase (2010–2021)                  | 5.8%       |
| Median rent (2010)                    | 840        |
| Median rent (2021)                    | 750        |
| Increase (2010–2021)                  | -10.7%     |

| Supply                      | Units     |
|-----------------------------|----------|
| Supply (current stock)      | 643      |
| Demand (total units needed) | 989      |
| Shortage                    | 546      |
| Total shortage              | 546      |
| Supply/Demand ratio         | 65.0%    |

## HUD National Low Income Housing Tax Credit (LIHTC) Database

| Property Name                            | Type                       | Year  | Location | Number of units | Income ceiling | LIHTC allocation | Amount        |
|-----------------------------------------|----------------------------|-------|----------|-----------------|----------------|------------------|---------------|
| HIGHBRIDGE OVERLOOK                     | New construction           | 2014  | 10452    | N/A             | 60% AMI        | N/A              | $1,804,887    |
| IRVINGTON FAMILY APTS                   | New construction           | 2007  | 94538    | N/A             | 60% AMI        | N/A              | $1,378,252    |
| HILLTOP VILLAGE                         | New construction - Acquisition and Rehab | 2012 | 32208 | N/A | 60% AMI | N/A | $504,385 |
| HUNTINGTON RESERVE                      | N/A                        | 2006  | 32773    | N/A             | 60% AMI        | N/A              | $424,046      |
| HOLT + HAMILTON FAMILY APARTMENTS      | New construction           | 2016  | 91768    | N/A             | 60% AMI        | N/A              | $1,557,010    |
| INTERVALE GARDENS LLC                   | New construction           | 2008  | 10459    | N/A             | 60% AMI        | N/A              | $659,087      |
| ...                                     | ...                        | ...   | ...      | ...             | ...            | ...              | ...           |

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