Ellis Hollow

1028 Ellis Hollow Road, Ithaca, New York 14850

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Ellis Hollow is managed by Conifer Realty, LLC.

Ellis Hollow Road Apartments is a peaceful senior 62 years or older or disabled adults community on the east side of Ithaca, New York. We are conveniently located in a quiet, suburban neighborhood with a large shopping plaza which includes a grocery store, four banks, a pharmacy, three restaurants and a gift shop.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 450 Call for Price

Eligibility for Ellis Hollow

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Ithaca but actual income limits may differ for units at Ellis Hollow.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050
Low Income (60%) $44,580 $50,940 $57,300 $63,660 $68,760 $73,860 $78,960 $84,060

Ellis Hollow Details

  • 100 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • Elevator
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • All Appliances included
  • Window Coverings
  • Carpet

Nearby Amenities

  • Close to Public Transportation
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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