Breckenridge Place

100 W Seneca St, Ithaca, NY 14850

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

Call (607) 277-4500

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

This fifty unit, 55,000 square foot building provides affordable housing in a highly walkable location to individuals and small families with income ranging from 50 – 90% of the Area Median Income. Though not age-restricted, the majority of the apartments at Breckenridge Place house seniors.

Managed by INHS

Dave's Thoughts On Breckenridge Place

Because Breckenridge Place participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Breckenridge Place Amenities

Refrigerator
Stove
Double Sinks

Units at Breckenridge Place

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†

Income Qualification for Breckenridge Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
50% AMI for LIHTC Units	$37,150 / year	$42,450 / year	$47,750 / year	$53,050 / year
50% AMI for PBRA Units	$37,150 / year	$42,450 / year	$47,750 / year	$53,050 / year
60% AMI for LIHTC Units	$44,580 / year	$50,940 / year	$57,300 / year	$63,660 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Breckenridge Place

Does Breckenridge Place have a waiting list?

Breckenridge Place probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Breckenridge Place?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Breckenridge Place, how many other affordable housing properties (and units) are there in Ithaca?

In addition to Breckenridge Place, we list 17 other affordable properties in Ithaca. Learn about these properties here. Our data research shows that there are a total of 1302 affordable units in Ithaca.

When was the Breckenridge Place listing last updated?

Breckenridge Place listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.