Founders Way LIHTCPB Section 8 Ithaca, NY

Profile last updated · Data vintage: HUD LIHTC 2024

Founders Way is a Low-Income Housing Tax Credit (LIHTC) community in Ithaca, NY with 75 units. Rents are set relative to household income.

75
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address320 W Buffalo St, Ithaca, NY 14850 Map →
Tax-credit (LI) units60
Placed in service2022

How to apply at Founders Way

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 320 W Buffalo St, Ithaca; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Ithaca

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Ithaca Special Needs Sro LIHTCPB Section 8Ithaca1.4 km
Stone Quarry Apartments Ithaca LIHTCPB Section 8Ithaca1.4 km
Cedar Creek LIHTCPB Section 8Ithaca1.7 km
Cayuga Flats LIHTCIthaca1.7 km
Linderman Creek Apts LIHTCIthaca2.8 km
Marketview Apartments LIHTCPB Section 8Ithaca3.4 km

← All subsidized housing in Ithaca

Frequently asked questions

What kind of subsidy does Founders Way have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Founders Way?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Founders Way?
Contact the management office at 320 W Buffalo St in Ithaca. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.