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Holding property, in perpetuity, for the benefit of people with limited incomes and promoting the value of living in an inclusive neighborhood.
Incorporated in April of 1981, Ithaka Land, Inc., owns and maintains properties for the benefit of low-income people. We provide both transitional and permanant rentals primarily serving those individuals earning less than 30% of the area median income adjusted for family size. Also known as Ithaka Land Trust, we hold property "in trust" and "in perpetuity" on behalf of people with limited incomes. We currently house more than 125 residents at two hospitality houses, two apartment buildings, two four-unit buildings, and fifteen houses.
The land trust benefits from our two most-valued assets: volunteers who make much of our work possible, and residents who give back to our organization. The number of people we serve remains small, allowing the land trust to maintain personal relationships, and adding a sense of community to our day-to-day operations.