Builders Patch | HousingCount Suwannee County affordable housing data.

Suwannee County

Summary

26.4%
share of renter households
49.2%
share of low-income households
27.6%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 3,990
Homeowner households 11,108
Total households 15,098
100.0%

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 633
Very low-income 31-50% AMI 546
Low-income 51-80% AMI 783
All low-income households <80% AMI 1,962
49.2%

Rent-burdened households

Households % share
Moderately rent-burdened 461
30.0–34.9% 192
35.0–39.9% 84
40.0-49.9% 185
Severely rent-burdened 640
≥50.0% 640
All rent-burdened households 1,101
27.6%

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 23,898
in 2021 32,208
Increase (2010–2021) 34.8%
Median rent Amount ($)
in 2010 323
in 2021 569
Increase (2010–2021) 76.2%

Affordable housing stock

Supply, demand & shortage Units
Supply (current stock) 1,277
Demand (total units needed) 1,073
Shortage 184
Total shortage 184
Supply/demand ratio 119.0%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Income ceiling LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 1 154 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 1 99 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 0 200 60% AMI $504,385
HUNTINGTON RESERVE N/A 2006 N/A 0 168 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 1 61 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 1 65 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 0 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 1 39 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 1 76 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 1 41 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 N/A 0 69 60% AMI $242,084
JEFFERSON AVENUE New construction 2020 N/A 10 79 60% AMI $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A 5 135 60% AMI $390,500
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