Funding applications are now available for the third round of Better Buffalo Fund (BBF), a $40 million Buffalo Billion initiative dedicated to projects that encourage density and growth along transportation corridors and revitalize neighborhood commercial districts. A total of $20,852,542was awarded to 35 projects in the first and second rounds of this initiative.
Round 3 applications are due Thursday, February 1, 2018 at 4:00 P.M.
Eligibility map, program guidelines and applications can be found at http://esd.ny.gov/BusinessPrograms/BetterBuffaloFund.html.
There will be a public information meeting for those interested in applying for funding on:
Wednesday, December 20, 2017
2:00 P.M. – 4:00 P.M.
Frank E. Merriweather, Jr. Branch Library Auditorium
RSVP to email@example.com by Tuesday, December 19th
Applicants are invited to apply for funds through the BBF for one of two initiatives—Transit Oriented Development (TOD) and Buffalo Main Streets Initiative (BMSI).
The Transit Oriented Development (TOD) program is a grant and revolving loan fund for up to $2 million in gap financing for adaptive reuse or infill capital projects which promote dense development (housing, employment, and retail) within ½ mile walking distance of transit stops on Main Street, Niagara Street, Bailey Avenue, Utica Street Grant Street, and Fillmore Avenue corridors; and encourage the use of multi-modal transportation, and stimulate pedestrian activity through retail and neighborhood-oriented businesses and services, quality public spaces, and accessible walkways.
A program modeled on the New York State Main Street (NYMS) program, the Buffalo Main Streets Initiative (BMSI) will assist in the revitalization of historic downtowns and mixed-use neighborhood commercial districts. The program will consider grant requests ranging from $50,000 to $500,000 from local non-profit, community-based organization/business associations. Funds can be used for building renovations and public space enhancements in mixed-use target areas with direct coordination from the community non-profit.
Please pass along this information to potential applicants. Questions can be sent to firstname.lastname@example.org