Builders Patch | HousingCount Van Buren County affordable housing data.
Van Buren County
Summary
22.7%
share of renter households
48.5%
share of low-income households
19.7%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 548 |
| Homeowner households | 1,864 |
| Total households | 2,412 |
| Low-income renter households | 266 |
Renter households by income group
| Households | % share |
|---|---|
| Extremely low-income | 107 |
| Very low-income | 24 |
| Low-income | 135 |
| All low-income households | 266 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 77 | 14.1% |
| 30.0–34.9% | 14 | 2.6% |
| 35.0–39.9% | 19 | 3.5% |
| 40.0-49.9% | 44 | 8.0% |
| Severely rent-burdened | 31 | 5.7% |
| All rent-burdened households | 108 | 19.7% |
Affordable housing shortage
Rent vs. median household income
Median household income
- Amount ($)
- in 2010: 9,951
- in 2021: 19,597
- Increase (2010–2021): 96.9%
Median rent
- Amount ($)
- in 2010: 417
- in 2021: 369
- Increase (2010–2021): -11.5%
Affordable housing stock
- Supply (current stock): 7,921
- Demand (total units needed): 130
- Shortage: -6,166
- Total shortage: 6,093.1%
HUD National Low Income Housing Tax Credit (LIHTC) Database
List of properties
| Name | Type | Year | Market Rate | Low-income | LIHTC allocation |
|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | $504,385 |
| HUNTINGTON RESERVE | New construction | 2006 | N/A | 168 | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 39 | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 76 | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 41 | $435,816 |
HousingCount
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