Distribution of economic development loans questioned
The Buffalo News analyzed loans and grants data to see how the city “spends the federal funds it receives to promote economic development and urban renewal.” The analysis showed that two-thirds of the almost $2 million in grant money went to Masten District where the mayor used to serve as councilman. Other regions in need of development, such as Grant Street, did not see much of the grant money. Overall, under Mayor Byron Brown, lending by the Buffalo Economic Renaissance Corp. has dropped significantly. An interactive graphic shows how money has been distributed throughout the city.