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INHS outlines pipeline: Village Grove occupancy, tax‑credit financing, resident services and senior housing plans
Summary
Ithaca Neighborhood Housing Services told the committee it manages nearly 700 rental units (about 500 in Tompkins County), described Village Grove and Compass projects, explained LIHTC financing and compliance requirements, and emphasized expanding resident services to reduce evictions.
Kate Deagarza, executive director of Ithaca Neighborhood Housing Services, gave the committee an extensive review of INHS operations, financing and development plans.
Deagarza said INHS now manages close to 700 rental units across its service area, with roughly 500 of those in Tompkins County. She described four business lines — property management, real‑estate development, manufactured‑home community ownership, and homeownership/repair programs — and said manufactured housing and resident services are areas of growth. "We are both a very urban and a very rural responding nonprofit agency that really tries to meet the need for affordable housing across all different types of communities in our service area," she said.
Deagarza walked members through Village Grove in…
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