BUFFALO, N.Y. (WIVB) — More than $9 million in improvements are coming to Buffalo after Gov. Andrew Cuomo announced new Better Buffalo fund awards.
Of the 14 projects in Better Buffalo’s second round, five will be on city’s east side.
Cuomo’s plan is to provide the city with money to renovate more than 250 residences and 140,000 square feet of store front. Plans also include leveraging more than $131 million in private investment.
“The resurgence of Buffalo has become a national model for economic recovery and thanks to this new round of funding, that progress takes another step forward today,” Cuomo said. “The investments being made through the Better Buffalo Fund not only support the revitalization of forgotten neighborhoods, but also ensures that all residents have access to the city’s emerging job centers. This type of holistic approach is what has helped this region rebound and we remain committed to helping it reach even greater heights.”
The projects being funded in the second round of Better Buffalo are listed below.
- Pilgrim Village Redevelopment — apartment rehabilitation on Nora Lane — $2 million loan
- School 77 — rehabilitation of former school into community hub — $1.5 million loan
- Rosanna Elizabeth VPAC Arts Campus — transformation of former church and warehouse at Grant Ferry circle — $1.5 million loan
- 510 Washington St. — apartment development — $750,000 loan
- Main St. Louis — renovation of current building and construction of new residences — $600,000 loan
- The Mattress Factory — conversion of warehouse on Florida St. into apartments — $500,000 loan
- BracoLinwood — renovation of storefronts into mixed-use buildings — $365,160 loan
- 136 North Pearl — renovation of N. Pearl St. buildings to make apartments — $250,000 loan
- Cold Springs on Main — create open-floor plan for tenants and provide building upgrades — $250,000 loan
Main St. Initiative Projects
- Better on Bailey Avenue — storefront renovations — $300,000 grant
- Clinton Street Buffalo Main Streets Initiative – storefront and commercial building renovations — $300,000 grant
- Jefferson Avenue Initiative 1 — commercial revitalization — $300,000 grant
- Revive Allentown — rehabilitation of properties in Allentown — $300,000 grant
- Black Rock Village — renovation of storefronts and apartments on Niagara St. — $160,908 grant
“Once again the Better Buffalo Fund is supporting projects across the City of Buffalo which will boost growth of homegrown businesses, and increase employment and housing options along corridors served by public transportation,” Buffalo Mayor Byron Brown said. “Five of the 14 project awardees are located on Buffalo’s East Side — in communities where these incentives will have added impact in building stronger neighborhoods and enhancing quality of life. Thank you Governor Cuomo for your continued partnership and support of our city through the Buffalo Billion which is fueling new opportunities and optimism among all our residents.”