BURA Rehab Loan Programs - City of Buffalo Office of Strategic Planning

65 Niagara Square 315 City Hall Buffalo, NY 14202 www.buffalony.gov/
Main Phone
716-851-4964

Fax
716-851-5168

Department of Assessment
716-851-5747

Primary Services
Affordable Housing Development Incentives, Home Rehabilitation Programs, Housing Down Payment Loans/Grants

Description
Rehab Loan Programs for owner occupants includes the Target Streets Rehab Initiative, Fifty-Fifty Program, and Emergency Assistance Program. Funds are available as full conditional grants, partial conditional grants, and no interest loans, based on applicant household income.

First-time Homebuyer Programs:
1.) Down Payment Assistance: Enables many first-time homebuyers earning less than 80 percent of their community's median income to purchase their first home. Program provides funding up to a maximum of $5,000 to assist with down payment and closing cost expenses associated with the purchase.
2.) Homegrown Homeownership: Purchase and rehab assistance for eligible buyers purchasing a home from the City of Buffalo, Division of Real Estate.
3.) New builds or rehabilitated houses for sale from funded partners, depending on availability.

Rental Development Program finances affordable rental developments so as to create additional affordable quality rental units in Buffalo.

Hours
Monday-Friday, 8:30am-4:30pm.

Eligibility
City of Buffalo homebuyers, renters, and homeowners.

Service Area: City of Buffalo.

Intake Process
Call 716-851-4964.

Program Fees
Free.

Date of Official Change
Aug 06, 2020

Contacts
Lanette Boulware
Confidential Assistant to the Executive Director
lboulware@city-buffalo.com
716-851-4769
Yvonne McCray
Director of Housing
ymccray@city-buffalo.com
716-851-5416