News

INHS requests loan to purchase Neighborhood Pride site

INHS requests loan to purchase Neighborhood Pride site

Photo: WHCU

The sale of the defunct Neighborhood Pride Grocery Store site on Hancock Street in the City of Ithaca is moving forward.

Ithaca Neighborhood Housing Services is requesting a short-term $100,000 loan from the Ithaca Urban Renewal Agency to help finalize the sale.

They’ll also absorb the $100,000 loan given to Neighborhood Pride as part of the deal.

Executive Director Paul Mazzarella says the organization is looking to lease the building out before any development occurs.

Mazzarella hopes to close on the sale by July 9th and begin the development process and formulate a plan to create affordable housing on the site.

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