Buffalo Urban Development Corporation

BUDC is the City of Buffalo's not-for-profit development agency, reclaiming distressed land for future development.

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Buffalo Urban Development Corporation

Buffalo Lakeside Commerce Park
Northland Corridor
Downtown Development

BUDC is now Accepting Applications for Downtown Development Projects

We are now accepting applications for the Buffalo Building Reuse Loan Fund (BBRLF), which provides low interest gap financing for adaptive reuse projects in downtown Buffalo. Eligible projects may receive a maximum of $750,000 in financing for up to 54 months. Projects will be reviewed on a quarterly basis. The deadline for first quarter applications is Friday, March 30, 2018. Click on the link below for application.

BBRP Quarter 1 2018 - Loan RFP



The City of Buffalo and Buffalo Urban Development Corporation are hereby providing Notice of Intent to nominate the South Buffalo BOA in the Brownfield Opportunity Areas (BOA) Program to the New York State, Department of State for official designation.  Successful designation of the South Buffalo BOA will make available additional Brownfield Tax Credits for eligible projects, and give project grant or financing applications priority and preference from state, federal and local agencies as allowed by law.  Copies of the BOA Nomination document are available for review through this link: South Buffalo BOA Designation Document 

Mayor Brown, BUDC Release 2016 Downtown Development Guide

Identifying downtown Buffalo development opportunities is even easier with the release of a new guide that provides investors with a profile of downtown's greatest assets and a listing of available tools and incentives. The guide also identifies over 20 unique parcels ready for redevelopment. 

Sponsored by National Grid, the guide is the result of a collaborative partnership between Mayor Byron W. Brown, Chairman of the Buffalo Urban Development Corporation, Buffalo Niagara Partnership, Buffalo Niagara Enterprise, CBRE Buffalo, and Buffalo Place. 

To view a press release about the guide's debut, click here.

To download the guide, click here.




NAIOP Upstate New York Chapter, Inc.

NAIOP Commercial Real Estate Development Association - Upstate New York Chapter

Event:   Impact of Tax Changes on CRE 

Date: Tuesday, March 20th 2018

Time:  8:30 a.m. - 10:00 a..m. 

Place:  The Buffalo Club, 388 Delaware Avenue, Buffalo, NY 14202

Cost: NAIOP Members $30  Non-Members $40

The 2017 Tax Act will have significant impacts on real estate developers and investors. A panel of CFOs from NAIOP developers and local experts in various aspects of tax strategies discuss the key components of the Act along with the impact they anticipate for real estate and pass-through investment tax treatment, Historic Tax Credits and individual estate planning considerations.

To Register go to: http://www.naiopupstateny.com  and click on events


Paul Evans, Director of Finance, Uniland

Pat Finucane, CFO, Sinatra & Co.


Phil Mann - Bonadio

Steve Weiss - Cannon Heyman & Weiss, LLP  

Laura Ferrino - Wilmington Trust 

Bill Turkovich - Hodgson Russ



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