Buffalo Urban Renewal Agency(BURA)

The Buffalo Urban Renewal Agency (BURA) is a public benefit corporation that was formed, by an act of the New York State Legislature, in 1966. Its corporate purpose includes the general planning and operation of various urban renewal programs designed to prevent or eliminate blight and deterioration in the City of Buffalo. Such programs include:

• real estate acquisition and clearance
• housing rehabilitation and construction for low-moderate income individuals
• design and construction of site improvements and public facilities
• provision of grants and loans to facilitate rehabilitation of residential and business properties,
• as well as other programs designed to stimulate urban economic growth and to revitalize urban  neighborhoods.

BURA is governed by a Board of Directors:

• Mayor Byron W. Brown, Chairman  
• Drew Eszak, Director of Planning  
• Janet Penksa, Commissioner of Administration, Finance, Policy and Urban Affairs
• David Rodriguez, Acting Corporation Counsel
• Council President David Franczyk
• Councilmember Mike LoCurto
• Councilmember Mike Kearns
• Virginia Oehler  

Funding for the various programs conducted by BURA is obtained from the Federal government, through the City of Buffalo. In effect, BURA acts as an agent of the City in carrying out its urban renewal activities. Because of its close administrative and financial relationship with the City, BURA is considered to be a component unit of the City of Buffalo for financial reporting purposes.

Disclaimer:
This site is for informational purposes only. Availability of properties is subject to change.