BFNHS Awarded $300,000 in Better Buffalo Funds

On April 24, 2015 NYS Empire State Development awarded Broadway Fillmore NHS $300,000 from the Better Buffalo Fund Main Street Initiative. The funds will be used to create new businesses and residential units in mixed-use buildings at the intersection of Broadway and Fillmore, and on streets adjacent to the Broadway Market (Gibson & Lombard).  The goal is to create or enhance four (4) commercial spaces and create at least five (5) new residential units in unused space above commercial businesses.  $25,000 has also been budgeted for streetscape improvements (for example – signage, trash cans, benches, planters & trees).

Property owners are eligible for grants (5 year regulatory period) up to $50,000 per building with an additional $25,000 for each residential unit produced.  Owners are required to provide a match of at least 25% of total project costs.  Funds are being administered by NYS Homes & Community Renewal on behalf of Empire State Development.

For more information, contact our offices.

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