Another forward step for a new downtown development (from the Ithaca Journal):
Briefly in Business: Women's Community Building project gets $550K federal grant
July 30, 2010, 7:05 pm
Ithaca Neighborhood Housing Services Inc. and its partner, PathStone Development Corp. received a $550,000 affordable housing grant from the Federal Home Loan Bank of New York to help finance the construction of the Women's Community Building Redevelopment.
The project is expected to provide 52 units of affordable housing for very low-income households at the Seneca Street site currently occupied by the Women's Community Building.
The grant was part of a total of $29.7 million in subsidies that the Federal Home Loan Bank of New York awarded in conjunction with the approval of the first competitive application round of 2010.
Here's a rendering of the building (on the left):
