COMMERCIAL BUILDING STABILIZATION
ESD is partnering with Preservation Buffalo Niagara and City of Buffalo Department of Permits and Inspection Services to implement the Fund.
ABOUT THE FUND
The Fund will provide a dedicated funding source that will support near-term stabilization of at-risk historic buildings on the East Side with preference given to those buildings along commercial corridors especially in the target investment areas of the East Side Corridor Economic Development Fund. The Fund will support smaller, seal-up efforts such as roof patching, mothballing precautions, etc.—or rather, correcting obstacles that are preventing active use and business activity – to help prevent crisis-level failures in the future or, even worse, additional emergency demolitions of the existing urban fabric along commercial corridors. It will ensure that buildings with code violations or structural deficiencies, but where there is not a currently viable project, are not torn down as a short-sighted “solution”; rather, such buildings will be kept viable through the Fund, so that when there are market opportunities, the resources themselves will be intact and available for re-use.
Visit the PBN website for details.