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One of LISC's primary goals is to ensure that residents of our local neighborhoods have access to affordable rental housing opportunities. LISC collaborates with several local community development organizations, social service organizations, and developers on a variety of affordable rental projects, from senior housing to housing for veterans and low-income families.
The National Equity Fund's investments in Buffalo exceed $111 million and have created 18 affordable housing developments and over 1,000 affordable homes.
Located adjacent to HELP USA’s first affordable housing project on Broadway and Hickory, HELP Buffalo II includes 47 units of affordable housing for low income families and formerly homeless veterans. Amenities include a community room with warming kitchen, on-site laundry and parking, children’s playground and outdoor garden space.
Location: Broadway Fillmore Neighborhood
Partners: HELP USA, NEF, NYSHCR, OTDA, BURA, NYSERDA, FHLB of NY, Citi Foundation
LISC/NEF Contribution: $7.4M
Partners converted a formerly vacant warehouse on Buffalo’s East Side into 56 units of affordable housing, with 28 designated for low-income individuals and 28 HOPWA subsidized units set aside for individuals with HIV/AIDS who are currently homeless or have struggled with chronic homelessness. Tenants have direct access to the Evergreen Associations network of services, as well as a housing retention counselor, computer lab, and laundry facilities.
Address: 392 Genesee Street
Partners: Evergreen Health, LP Ciminelli, STEL, NEF, NYSHFA, OTDA, FHLB
LISC or NEF contribution: $9.8M
A formerly vacant commercial site was transformed into 30 units of affordable housing, as well as storage space, on-site laundry facilities, community room, and an outdoor playground for children and off-street parking. The building will also be home to the future Buffalo Black Achievers museum.
Address: 1490 Jefferson Avenue
Partners: Belmont Housing Resources for WNY, Inc., 1490 Enterprises, CSS Construction, NEF, NYSHCR
LISC/ NEF Contribution: $5M