# Schoharie County

### Summary

23.8%

share of renter households

46.1%

share of low-income households

38.5%

share of rent-burdened households

### Renter population data

Renters vs homeowners

Share of income spent on rent

| Households                 | % share |  
|---------------------------|---------|  
| Renter households          | 2,883   |  
| Homeowner households       | 9,227   |  
| Total households           | 12,110  |  
| Low-income renter households|         |

### Renter households by income group

| Households                        | % share |  
|----------------------------------|---------|  
| Extremely low-income (≤30% AMI) | 482     |  
| Very low-income (31-50% AMI)    | 284     |  
| Low-income (51-80% AMI)         | 563     |  
| All low-income households (<80% AMI)| 1,329 |

### Rent-burdened households

| Share of income spent on rent | Households | % share |  
|-------------------------------|------------|---------|  
| Moderately rent-burdened      | 599        | 20.8%   |  
| 30.0–34.9%                   | 305        | 10.6%   |  
| 35.0–39.9%                   | 103        | 3.6%    |  
| 40.0-49.9%                   | 191        | 6.6%    |  
| Severely rent-burdened       | 510        | 17.7%   |  
| ≥50.0%                       | 510        | 17.7%   |  
| All rent-burdened households  | 1,109      | 38.5%   |

### Affordable housing shortage

| Description                        | Amount ($)             |  
|-----------------------------------|------------------------|  
| Median household income in 2010   | 19,830                 |  
| Median household income in 2021   | 36,893                 |  
| Increase (2010–2021)              | 86.0%                  |  
| Median rent in 2010               | 454                    |  
| Median rent in 2021               | 688                    |  
| Increase (2010–2021)              | 51.5%                  |

| Affordable housing stock            | Units                  |  
|------------------------------------|------------------------|  
| Supply (current stock)             | 1,513                  |  
| Demand (total units needed)        | 720                    |  
| Shortage                            | -62                    |  
| Total shortage                      | -62                    |  
| Supply/demand ratio                | 210.1%                 |

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

| Name                             | Type   | Year | Zipcode | Market Rate | Low-income | Type | Amount         |  
|----------------------------------|--------|------|---------|-------------|------------|------|----------------|  
| HIGHBRIDGE OVERLOOK              | New construction | N/A  | 10452   | N/A         | 1          | N/A  | $1,804,887     |  
| IRVINGTON FAMILY APTS            | New construction | N/A  | 94538   | N/A         | 1          | N/A  | $1,378,252     |  
| HILLTOP VILLAGE                  | New construction - Acquisition and Rehab | N/A  | 32208   | N/A         | 0          | N/A  | $504,385       |  
| HUNTINGTON RESERVE                | NA         | N/A  | 32773   | N/A         | 0          | N/A  | $424,046       |  
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A  | 91768   | N/A         | 1          | N/A  | $1,557,010     |  
| INTERVALE GARDENS LLC            | New construction | N/A  | 10459   | N/A         | 1          | N/A  | $659,087       |  
| HOMES OF RENAISSANCE PRESERVE II | New construction | N/A  | 33905   | N/A         | 0          | N/A  | $1,510,000     |  
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | N/A  | 90018   | N/A         | 1          | N/A  | $674,261       |  
| IMPERIAL GARDENS FAMILY APTS      | New construction | N/A  | 92243   | N/A         | 1          | N/A  | $1,142,750     |  
| HOLLY HEIGHTS I + II APARTMENTS   | Acquisition and Rehab | N/A  | 95490   | N/A         | 1          | N/A  | $435,816       |  
| HILTON SENIOR APTS                | New construction | N/A  | 14468   | N/A         | 0          | N/A  | $242,084       |  
| JEFFERSON AVENUE                  | New construction | N/A  | 14208   | N/A         | 10         | N/A  | $0             |