# 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   | 34.4%  |
| Homeowner households  | 10,694  | 65.6%  |
| Total households      | 16,292  | 100.0% |

**Low-income renter households**

**Renter households by income group**

| Households                        | % share |  
|----------------------------------|---------|  
| Extremely low-income (≤30% AMI)  | 823     | 14.7%  |  
| Very low-income (31-50% AMI)     | 1,064   | 19.0%  |  
| Low-income (51-80% AMI)          | 730     | 13.0%  |  
| All low-income households (<80% AMI) | 2,617 | 46.7%  |

**Rent-burdened households**

**Share of income spent on rent**

| Households                  | % share |  
|-----------------------------|---------|  
| Moderately rent-burdened    | 965     | 17.2%  |  
| 30.0–34.9%                  | 388     | 6.9%   |  
| 35.0–39.9%                  | 317     | 5.7%   |  
| 40.0-49.9%                  | 260     | 4.6%   |  
| Severely rent-burdened      | 1,409   | 25.2%  |  
| ≥50.0%                       | 1,409   | 25.2%  |  
| All rent-burdened households | 2,374   | 42.4%  |

## 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    | 53.0%  |  
| 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         |