Builders Patch | HousingCount Transylvania County affordable housing data.
Transylvania County
Summary
23.3%
share of renter households
49.9%
share of low-income households
34.5%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
3,293 |
| Homeowner households |
10,820 |
| Total households |
14,113 |
Low-income renter households
| Income Group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
657 |
20.0% |
| Very low-income (31-50% AMI) |
326 |
9.9% |
| Low-income (51-80% AMI) |
659 |
20.0% |
| All low-income households (<80% AMI) |
1,642 |
49.9% |
Rent-burdened households
| Burden Type |
Households |
% share |
| Moderately rent-burdened |
529 |
16.1% |
| 30.0–34.9% |
210 |
6.4% |
| 35.0–39.9% |
159 |
4.8% |
| 40.0-49.9% |
160 |
4.9% |
| Severely rent-burdened |
608 |
18.5% |
| ≥50.0% |
608 |
18.5% |
| All rent-burdened households |
1,137 |
34.5% |
Affordable housing shortage
| Measure |
Amount ($) |
Year |
| Median household income |
22,325 |
2010 |
| Median household income |
33,817 |
2021 |
| Increase (2010–2021) |
51.5% |
|
| Median rent |
281 |
2010 |
| Median rent |
614 |
2021 |
| Increase (2010–2021) |
118.5% |
|
| Supply, demand & shortage |
Units |
| Supply (current stock) |
5,462 |
| Demand (total units needed) |
879 |
| Shortage |
-2,507 |
| Total shortage |
-2,507 |
| Supply/Demand ratio |
621.4% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Income Ceiling |
LIHTC Allocation |
Units |
Market Rate |
Low-income |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
N/A |
1 |
N/A |
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
N/A |
1 |
N/A |
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition |
2012 |
N/A |
N/A |
0 |
N/A |
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
N/A |
2006 |
N/A |
N/A |
0 |
N/A |
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
N/A |
1 |
N/A |
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
N/A |
1 |
N/A |
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
N/A |
0 |
N/A |
60% AMI |
$1,510,000 |
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Note: The complete list of properties continues as per the original content.