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# Riverside County

### Summary

- **31.9%**: share of renter households
- **46.4%**: share of low-income households
- **55.5%**: share of rent-burdened households

### Renter population data

#### Renters vs homeowners

| Households         | % share  |
|--------------------|----------|
| Renter households   | 236,037  | 31.9%   |
| Homeowner households| 504,469  | 68.1%   |
| Total households    | 740,506  | 100.0%  |

#### Low-income renter households

| Income Group                | Households | % share  |
|-----------------------------|------------|----------|
| Extremely low-income (≤30% AMI) | 40,974     | 17.4%   |
| Very low-income (31-50% AMI)    | 34,711     | 14.7%   |
| Low-income (51-80% AMI)         | 33,814     | 14.3%   |
| All low-income households (<80% AMI)| 109,499   | 46.4%   |

#### Rent-burdened households

| Share of Income Spent on Rent | Households | % share  |
|-------------------------------|------------|----------|
| Moderately rent-burdened      | 64,787     | 27.4%   |
| 30.0–34.9%                   | 22,582     | 9.6%    |
| 35.0–39.9%                   | 17,298     | 7.3%    |
| 40.0-49.9%                   | 24,907     | 10.6%   |
| Severely rent-burdened      | 66,148     | 28.0%   |
| ≥50.0%                       | 66,148     | 28.0%   |
| All rent-burdened households  | 130,935    | 55.5%   |

### Affordable housing shortage

#### Rent vs median household income

| Year | Median Household Income ($) | Median Rent ($) |  Increase (%) |
|------|-----------------------------|------------------|----------------|
| 2010 | 36,875                      | 871              |                |
| 2021 | 51,342                      | 1,366            | 39.2%          |
|      |                             |                  | 56.8%          |

#### Affordable housing stock

| Units                       | Supply (current stock) | Demand (total units needed) | Shortage      | Supply/Demand Ratio |
|-----------------------------|-----------------------|-----------------------------|---------------|---------------------|
|                             | 1,169                 | 58,620                      | 57,853        | 2.0%                |

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

| Name                           | Type          | Placed in Service | County   | Market Rate | Low-Income | LIHTC Allocation | Income Ceiling |
|--------------------------------|---------------|-------------------|----------|-------------|------------|------------------|-----------------|
| HIGHBRIDGE OVERLOOK           | New construction | N/A               | 2014     | N/A         | 1          | N/A              | 60% AMI        |
| IRVINGTON FAMILY APTS         | New construction | N/A               | 2007     | N/A         | 1          | N/A              | 60% AMI        |
| HILLTOP VILLAGE               | New construction - Acquisition and Rehab | N/A      | 2012     | N/A         | 0          | N/A              | 60% AMI        |
| HUNTINGTON RESERVE            | NA            | N/A               | 2006     | N/A         | 0          | N/A              | 60% AMI        |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A           | 2016     | N/A         | 1          | N/A              | 60% AMI        |
| INTERVALE GARDENS LLC         | New construction | N/A               | 2008     | N/A         | 1          | N/A              | 60% AMI        |