Buffalo today formally applied for a federal "empowerment zone" designation that, if accepted, could bring up to $100 million in assistance from Washington for economic redevelopment programs.
The main areas that would be covered by the program would be the lower West Side, portions of South Buffalo and the East Side. Competition for the empowerment zone program is fierce because only 15 urban areas will be selected from throughout the country.
The program provides tax incentives, grants and loans to create jobs, expand business opportunities and fund other community project.
Mayor Masiello signed the empowerment zone application during a ceremony at School 90 on the city's East Side.