By Matt Fossen
The Breckenridge Place apartment complex at Ithaca’s Seneca and Cayuga streets has now reached its one month anniversary offering affordable housing downtown.
The complex, which opened in January offers 50 units, rendering it the biggest rental housing endeavor taken up by the Ithaca Neighborhood Housing Services. INHS developed the $14 million project in collaboration with Pathstone Corporation of Rochester, a non-profit community development firm with additional investments coming by way of the New York State Housing Trust Fund Corporation, Federal Home Loan Bank of New York, Tompkins Trust Company, as well as the city and Cornell University.
At six stories tall, the complex is INHS’s largest apartment facility. Monthly rates currently span between $616 and $872 for single bedroom apartments, with doubles ranging from $738 to $1,047. In the vein of most INHS entities, rental opportunities are specifically for citizens who meet low to medium income requirements.
Formerly the Woman’s Community Building, the complex has been utilized for an eclectic set of purposes. The General Federation of Women’s Clubs, a female community development and volunteer association, was conceived in 1890, and implemented in Ithaca in 1910 and subsequently used the building mostly for nonprofit organizational housing as well as city meeting space. The building was purchased by INHS in 2012, and now marks the first affordable housing project in the downtown area since the McGraw senior living house was created four decades ago.