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PILOT Agreement sought for senior housing project

City of Ithaca logoCity of Ithaca
Disclosed value
35,004/year
From agenda
Document date
Aug 13, 2025
Term
30 year

The 30-second brief

What it covers

INHS requests a 30-year PILOT agreement for the 209 W. State Street affordable senior housing project, aiming for an annual payment equal to 12% of net operating income, with a minimum of $35,004 annually.

Who holds it

Ithaca Neighborhood Housing holds this affordable housing contract with City of Ithaca.

What happens next

Term as filed: 30 year.

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Contract details

Contract type
Affordable Housing
Amount
35,004/year
Document date
August 13, 2025
Term
30 year
Vendor
Ithaca Neighborhood Housing
Agency
City of Ithaca
Source document
city-of-ithaca-common-council-meeting-agenda-august-13-2025_782.pdf (Agenda)

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Questions about this contract

Who was awarded the affordable housing contract by City of Ithaca?

Ithaca Neighborhood Housing was awarded this affordable housing contract by City of Ithaca, as recorded on August 13, 2025. The contract value is 35,004/year.

How much is the Ithaca Neighborhood Housing contract with City of Ithaca worth?

The Ithaca Neighborhood Housing contract with City of Ithaca is valued at 35,004/year, covering affordable housing work.

What type of contract is this?

This is a Affordable Housing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-ithaca-common-council-meeting-agenda-august-13-2025_782.pdf (Agenda), dated August 13, 2025 from City of Ithaca. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ithaca Neighborhood Housing hold?

Ithaca Neighborhood Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Ithaca currently buying?

Explore City of Ithaca's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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