# Rockingham County

### Summary

29.1% share of renter households  
45.5% share of low-income households  
42.3% share of rent-burdened households

### Renter population data

#### Renters vs homeowners
| Households                     | % share   |
|--------------------------------|-----------|
| Renter households              | 11,055    |
| Homeowner households           | 26,871    |
| Total households               | 37,926    |

#### Low-income renter households
| Income Group                   | Households | % share   |
|--------------------------------|------------|-----------|
| Extremely low-income (≤30% AMI) | 1,218      | 11.0%     |
| Very low-income (31-50% AMI)  | 1,674      | 15.1%     |
| Low-income (51-80% AMI)       | 2,135      | 19.3%     |
| All low-income households (<80% AMI) | 5,027 | 45.5%     |

#### Rent-burdened households
| Share of Income Spent on Rent  | Households | % share   |
|--------------------------------|------------|-----------|
| Moderately rent-burdened      | 2,815      | 25.5%     |
| 30.0–34.9%                    | 1,299      | 11.8%     |
| 35.0–39.9%                    | 724        | 6.5%      |
| 40.0-49.9%                    | 792        | 7.2%      |
| Severely rent-burdened        | 1,863      | 16.9%     |
| ≥50.0%                         | 1,863      | 16.9%     |
| All rent-burdened households   | 4,678      | 42.3%     |

### Affordable housing shortage

#### Rent vs median household income
| Year | Median Household Income ($) | Median Rent ($) | Increase (%) |
|------|-----------------------------|------------------|--------------|
| 2010 | 24,043                      | 506              | -           |
| 2021 | 27,088                      | 501              | 12.7%       |

#### Affordable housing stock
| Category                                      | Units      |
|-----------------------------------------------|------------|
| Supply (current stock)                       | 816        |
| Demand (total units needed)                  | 2,559      |
| Shortage                                     | 1,954      |
| Total shortage                                | 1,954      |
| Supply/Demand Ratio                           | 31.9%      |

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

| Name of Property                | Construction Type                          | Year       | Number of Units | Income Ceiling | LIHTC Allocation  |  
|---------------------------------|-------------------------------------------|------------|------------------|----------------|------------------|  
| HIGHBRIDGE OVERLOOK            | New construction                           | 2014       | 154              | 60% AMI       | $1,804,887      |
| IRVINGTON FAMILY APTS          | New construction                           | 2007       | 99               | 60% AMI       | $1,378,252      |
| HILLTOP VILLAGE                | New construction - Acquisition and Rehab   | 2012       | 200              | 60% AMI       | $504,385        |
| HUNTINGTON RESERVE              | N/A                                      | 2006       | 168              | 60% AMI       | $424,046        |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction                           | 2016       | 61               | 60% AMI       | $1,557,010      |
| INTERVALE GARDENS LLC          | New construction                           | 2008       | 65               | 60% AMI       | $659,087        |
| HOMES OF RENAISSANCE PRESERVE II | New construction                           | 2012       | 88               | 60% AMI       | $1,510,000      |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction                 | 2013       | 39               | 60% AMI       | $674,261        |
| IMPERIAL GARDENS FAMILY APTS  | New construction                           | 2009       | 76               | 60% AMI       | $1,142,750      |  
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab                      | 2016       | 41               | 60% AMI       | $435,816        |
| ...                             | ...                                       | ...        | ...              | ...            | ...              |  
| HUDSON BAY APTS                | New construction                           | 2001       | 79               | 60% AMI       | $776,104        |
| HIDDEN COVE APTS              | Acquisition and Rehab                      | 2003       | 87               | 60% AMI       | $310,899        |  
| HOWARD AVENUE APTS            | Acquisition and Rehab                      | 2006       | 4                | 60% AMI       | $51,978         |

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