Buffalo Urban Development Corporation
Roles & Responsibilities
- Provide a vehicle, through acquisition, ownership, site preparation and/or public financial incentives, to stimulate private investment in regionally strategic development areas, such as the waterfront, downtown and the Buffalo Niagara Medical Campus.
- Implement regional priorities.
- Serve as a real estate holding company for public-sector development projects.
- Serve as a conduit for public funding for urban projects of regional significance.
- Serve as a liaison among public and private development entities.
- Provide oversight and strategic visioning for the region's urban and high-impact project agenda.
- Inform the formulation and setting of regional development and project priorities.
- Administer the proposed Regional Redevelopment Fund, Downtown Redevelopment Fund and other funds to be established for development of regionally significant projects in the County of Erie.