Project Name
Address
Application
Project Log
Public Hearing Transcript
Agent Agreement
Inducement Resolution
Economic Impact Analysis
Project Details
This project aims to revitalize a vacant building located at 950 Broadway - a prominent intersection on the East Side of Buffalo into a mixed-use facility with 28 affordable apartment units, an indoor urban farm/garden and a ground floor affordable day care facility for the community. The apartment units will be offered at 60%, 70% and 80% of AMI corresponding to the rent ranges below.
# of Units |
Sq Ft |
Rent Range |
10 studio apartments |
450 |
$840 |
14 one-bedroom |
660 |
$883-$1,212 |
4 two-bedroom |
880 |
$1,457 |
The company is pursuing property tax savings through the NYS 44-A historic property exemption program.
Status Details
• 8/26/22: Public hearing held.
• 9/28/22: Type II Action – No SEQRA compliance required.
• 9/28/22: Lease/Leaseback Inducement Resolution presented to the Board of Directors