Harbor Street Lofts is managed by Sutton Real Estate.
111-year old former knitting factory, Harbor Street Lofts is located in the Tipperary Hill neighborhood in Syracuse. The four-story brick building embodies the distinctive characteristics of early 20th century industrial architecture and is one of the few industrial buildings of that era still standing in the community. Featuring high ceilings, exposed brick walls, hardwood floors and large windows, many of the building’s 40 1- and 2-bedroom apartments are priced for tenants with low to moderate income. Come experience downtown living without the downtown price tag!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | From $725 |
Two Bedroom (2/1) | - | From $800 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Syracuse but actual income limits may differ for units at Harbor Street Lofts.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $32,700 | $37,350 | $42,000 | $46,650 |
Low Income (60%) | $39,240 | $44,820 | $50,400 | $55,980 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.