Governor Cuomo Announces $50 Million East Side Corridor Economic Development Fund to Improve Quality of Life on Buffalo's East Side

Posted to Applied Web NY on Tue, 03/12/2019 - 13:19

Governor Andrew M. Cuomo today announced the $50 million East Side Corridor Economic Development Fund, an initiative to spark revitalization of Buffalo's East Side through investments in the four main commercial corridors: Michigan, Jefferson, Fillmore, and Bailey avenues. Funding will help to revive traditional main streets and commercial corridors through the preservation of historic buildings, funding of capital improvements in neighborhood assets, expansion of commercial opportunities, improvements to infrastructure, as well as the promotion of mixed-use private investment in these neighborhoods. The fund compliments previous investments on the East Side of $10 million for the Neighborhood Stabilization Initiative and $5 million for the Buffalo Central Terminal, for a total of $65 million in investments since 2017.

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