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Legislator Miller-Williams Demonstrates Her Commitment to Affordable Housing In Buffalo, NY

Legislator Barbara Miller-Williams has demonstrated her drive to go above and beyond expectations to ensure constant growth in Buffalo and Erie County. The Legislator was pleased to promote and support a pair of PILOT Agreements in conjunction with the Department of Environment and Planning and Pilgrim Village Associates to financially sustain a pair of housing developments in Buffalo: one to rehabilitate 57 townhouses at 1100 Michigan Avenue, and the second to develop 92 affordable apartments at 903 Ellicott Street. Both PILOT Agreements specifically address low income earners, specifying that 60% of the units are designated for persons earning no greater than 50% - 60% of the area medium income adjusted for family size.

In order to make the developments economically feasible for Pilgrim Village Associates, the PILOT Agreement’s tax relief is crucial in keeping the projects afloat and avoiding an unforeseen financial crux.

“I am excited to advance these PILOT Agreements and show dedication to Buffalo’s growth by ensuring that prosperity is shared among every citizen of the City. I believe these developments and renovations will beautify both neighborhoods and show the County’s continued support for developers who want to invest in our City to make it better,” stated Legislator Miller Williams.

Under the Agreements, Pilgrim Village Associates will make payments of $39, 132 and $15, 693 annually for each project respectively, with those figures increasing by 3% each year for a fifteen-year term. The County of Erie will receive 25% of each annual payment and the City of Buffalo will receive 75%. The increased use of PILOT Agreements, an abbreviation for payments in lieu of taxes, have been beneficial in keeping projects funded in the past, and the Erie County Legislature’s sustained embracing of them are a positive approach in spurring and maintaining development in the area.