Governor's OfficeTier 1
Hochul launches $250M first phase of Buffalo's Marine Drive public-housing redevelopment — 254 units toward the 100K-home plan
Construction is underway on the $250M first phase of redeveloping Buffalo's 70-year-old Marine Drive Apartments: 254 affordable units across four buildings, with the full $600M three-phase project replacing 616 original units with ~730 new apartments by 2031 under a no-displacement "build first" approach. Financing includes $81M federal LIHTC, $18M state LIHTC and $93M in subsidy. The state counts the project toward the $25B/100K-home Housing Plan, which it says has created or preserved more than 81,000 homes to date — a campaign-season progress marker in Hochul's home city.
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Source: Governor's Office · Jul 20, 2026 · Credibility Tier 1 · Permalink https://reviewhochul.com/news/marine-drive-250m-redevelopment-jul-20-2026
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