$65M FROM NEW YORK STATE
IN CAPITAL INVESTMENTS
The capital investment portfolio is a collaborative and coordinated effort to spark transformational change and result in lasting impact.
INVESTING IN ANCHORS & INFRASTRUCTURE
Targeted capital funding increases homeownership opportunities, ensures community anchors remain accessible, safe and relevant, improves key mixed-use properties to spur private investment, and enhances the streetscape along the corridors.
Buffalo Neighborhood Stabilization Fund
Increase homeownership, prevent foreclosure, and target zombie properties on the East Side.
$10M
MLK Park District
Ensure this historically significant community anchor remains an accessible, safe, and active asset for the community and region.
$6.6M
Broadway Market
Re-establish the Market as a viable and vibrant public shopping hub and attractive regional destination.
$4M
Community Solar Array at Northland
Develop a solar array at the City’s newest manufacturing hub to benefit neighborhood residents, draw tenants and facilitate hands-on training in the renewable energy sector.
$2M
Direct Project Assistance
Facilitate business growth and job creation by providing direct capital funds to key community projects.
$7.4M
Infrastructure to Support and Enhance Investments
Invest in targeted streetscape and infrastructure improvements that enhance and support programs and projects.
$10M
Capital for new programs, matched by more than $8 million from local foundations, strengthens the work of local nonprofit organizations. These programs support small business improvements, historic preservation, redevelopment training, and fundamental East Side anchors.
East Side Commercial Districts
Create an expanded building renovation program in four investment areas to improve the business climate, combat vacancies, and contribute to the overall revitalization of the corridors.
$2.6M
Community-Based Real Estate Development Training
Train East Side residents and building owners in real estate development.
$5M
Commercial Building Stabilization Fund
Establish a dedicated funding source to support stabilization of at-risk historic buildings in the target investment areas.
$5M
Michigan Street African American Heritage Corridor
Create a cooperative operating and business model and plan for capital improvements for a unified tourist destination around Michigan Street’s unique assets.
$7M
Central Terminal
Restore one of Buffalo’s most iconic buildings as a year-round, regional venue and asset for the Broadway Fillmore neighborhood.
$5.4M