Builders Patch | HousingCount Richmond County affordable housing data.

Richmond County

Summary

34.4% share of renter households
46.7% share of low-income households
42.4% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 5,598
Homeowner households 10,694
Total households 16,292

Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 823
Very low-income (31-50% AMI) 1,064
Low-income (51-80% AMI) 730
All low-income households (<80% AMI) 2,617

Rent-burdened households

Share of income spent on rent

Households % share
Moderately rent-burdened 965
30.0–34.9% 388
35.0–39.9% 317
40.0-49.9% 260
Severely rent-burdened 1,409
≥50.0% 1,409
All rent-burdened households 2,374

Affordable housing shortage

Rent vs median household income

Median household income

Amount ($) Year
17,449 2010
21,526 2021
Increase (2010–2021) 23.4%

Median rent

Amount ($) Year
348 2010
471 2021
Increase (2010–2021) 35.3%

Affordable housing stock

Units Amount
Supply (current stock) 636
Demand (total units needed) 1,201
Shortage 699
Supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 1 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 1 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 0 200 $504,385
HUNTINGTON RESERVE NA 2006 N/A 0 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 1 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 1 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 0 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 1 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 1 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 1 41 $435,816
HILTON SENIOR APTS New construction 2007 N/A 0 69 $242,084
JEFFERSON AVENUE New construction 2020 N/A 10 79 $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A 5 135 $390,500
JACOB'S HILL New construction 2006 N/A 0 103 $1,420,505
HOWARD AVENUE CLUSTER Acquisition and Rehab 2006 N/A 2 5 $50,769
JACKSON TERRACE Acquisition and Rehab 2006 N/A 0 417 $1,557,608
JEFFERSON CLUSTER (ATLANTIC AVE) Acquisition and Rehab 2006 N/A 4 12 $88,403
JEAN C MCKINNEY MANOR New construction 2005 N/A 1 49 $562,511
HOA MAI GARDENS New construction 2017 N/A 1 110 $1,986,793
HOLLYWOODLAND APTS Acquisition and Rehab 2014 N/A 1 82 $467,498
HOLLY PARK PHASE II New construction 2001 N/A 0 96 $750,797
JACKSON CORNERSTONE Acquisition and Rehab 2004 N/A 2 62 $282,414
IMPACT PRESERVATION - SOUTHERN CLUSTER Acquisition and Rehab 2016 N/A 9 84 $479,210
HUDSON BAY APTS New construction 2001 N/A 1 79 $776,104
HIDDEN COVE APTS Acquisition and Rehab 2003 N/A 1 87 $310,899