# 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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