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Federal Home Loan Bank Announces Affordable Housing Awardees

The Federal Home Loan Bank of New York recently announced $36 Million in grant funding for affordable housing, including three sites in Buffalo. Congratulations to our partners at Buffalo Neighborhood Stabilization Company, Inc. for being awarded $214,000 toward their Green Development Zone homes project!

From National LISC:
4.04.2017 -

A Game-Changer for Community Development: LISC Offers $100M in Bonds

For the first time in its history—and the first time ever for a Community Development Financial Institution (CDFI)—LISC is tapping the bond market to raise $100 million in capital that it will use to help energize local economies. “This new capital will not only help us fuel businesses, jobs and large-scale redevelopment efforts ...

Better on Bailey builds on Bailey Avenue’s positive momentum

The University District Community Development Association (UDCDA) has been awarded a $300,000 Buffalo Main Streets Initiative (BMSI) grant to help in the revitalization of Bailey Avenue. With this funding, the UDCDA has launched the Better on Bailey initiative with an aim to transform the Bailey Avenue streetscape through targeted façade improvements and building renovations.