# Randolph County

### Summary

27.1% share of renter households  
41.8% share of low-income households  
42.4% share of rent-burdened households

### Renter population data

| Households                | % share  |
|---------------------------|----------|
| Renter households         | 15,114   |
| Homeowner households      | 40,643   |
| Total households          | 55,757   |

### Low-income renter households

| Households                   | % share  |
|------------------------------|----------|
| Extremely low-income ≤30% AMI| 1,508    |
| Very low-income 31-50% AMI   | 3,213    |
| Low-income 51-80% AMI        | 1,596    |
| All low-income households     | 6,317    |

### Rent-burdened households

| Households                   | % share  |
|------------------------------|----------|
| Moderately rent-burdened     | 3,275    |
| 30.0–34.9%                   | 852      |
| 35.0–39.9%                   | 1,143    |
| 40.0-49.9%                   | 1,280    |
| Severely rent-burdened       | 3,135    |
| All rent-burdened households  | 6,410    |

### Affordable housing shortage

#### Rent vs median household income

| Median household income | Amount ($) | Increase (2010–2021) |
|-------------------------|------------|----------------------|
| in 2010                | 23,237     | 31.4%                |
| in 2021                | 30,535     |                      |

#### Median rent

| Median rent   | Amount ($) | Increase (2010–2021) |
|---------------|------------|----------------------|
| in 2010      | 336        | 69.3%                |
| in 2021      | 569        |                      |

#### Affordable housing stock

| Units                         | Supply (current stock) | Demand (total units needed) | Shortage | Supply/demand ratio |
|-------------------------------|------------------------|-----------------------------|----------|---------------------|
|                               | 2,739                  | 3,576                      | 2,394    | 76.6%               |

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

| Name                         | Type                                    | Year | Zipcode | Total Units | Income Ceiling | LIHTC Allocation |
|------------------------------|-----------------------------------------|------|---------|-------------|----------------|------------------|
| HIGHBRIDGE OVERLOOK          | New construction                         | 2014 | N/A     | 154         | 60% AMI        | $1,804,887       |
| IRVINGTON FAMILY APTS        | New construction                         | 2007 | N/A     | 99          | 60% AMI        | $1,378,252       |
| HILLTOP VILLAGE              | New construction - Acquisition and Rehab| 2012 | N/A     | 200         | 60% AMI        | $504,385         |
| HUNTINGTON RESERVE           | New construction                         | 2006 | N/A     | 168         | 60% AMI        | $424,046         |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction                     | 2016 | N/A     | 61          | 60% AMI        | $1,557,010       |
| INTERVALE GARDENS LLC        | New construction                         | 2008 | N/A     | 65          | 60% AMI        | $659,087         |
| HOMES OF RENAISSANCE PRESERVE II | New construction                     | 2012 | N/A     | 88          | 60% AMI        | $1,510,000       |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction              | 2013 | N/A     | 39          | 60% AMI        | $674,261         |
| IMPERIAL GARDENS FAMILY APTS  | New construction                      | 2009 | N/A     | 76          | 60% AMI        | $1,142,750       |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab               | 2016 | N/A     | 41          | 60% AMI        | $435,816         |