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Council moves to authorize sale of 205 West MLK to INHS for affordable housing
Summary
Council advanced a resolution authorizing the Ithaca Urban Renewal Agency to sell 205 West Martin Luther King Jr. Street to Ithaca Neighborhood Housing Services for construction of affordable housing; developers told council most units will be restricted at up to 60% of area median income.
The Common Council on April 16 moved to authorize sale of city-controlled property at 205 West Martin Luther King Jr. Street to Ithaca Neighborhood Housing Services (INHS) to support development of affordable housing.
Council motion language said the Ithaca Urban Renewal Agency (IURA) is authorized to sell the parcel to INHS for the construction of affordable housing. The resolution was moved by Alderperson Nguyen and seconded by Alderperson Hank Sharp and was carried unanimously when the council voted to advance it to the…
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