Buffalo Urban Development Corporation (BUDC, an affiliated organization of the ECIDA) is the City of Buffalo's not-for-profit development agency, reclaiming distressed land for future development. The agency seeks to create an environment conducive to private investment, provide oversight and visioning for projects of regional significance, serve as a liaison among various public and private stakeholders, serve as a conduit for public funding of significant projects and serve as a real estate holding company for certain public-sector projects.
The mission of Buffalo Urban Development Corporation is to support the urban economic development efforts of the region through acquisition, remediation and management of distressed properties, and to engage in related real estate development activities for the purpose of attracting and/or retaining new and existing businesses to the City as part of the region.
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Chairman: |
Hon. Byron W. Brown, Mayor- City of Buffalo |
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Vice Chairman: |
Dennis Penman |
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President: |
Peter M. Cammarata |
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Vice President: |
David A. Stebbins |
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Treasurer & CFO: |
Andrew Schoeppich |
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Secretary: |
Kevin J. Zanner, Esq. |