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M&T Bank Invests $250,000 to Fuel Buffalo's Urban Revival and Economic Growth

  • Nishadil
  • October 21, 2025
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  • 2 minutes read
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M&T Bank Invests $250,000 to Fuel Buffalo's Urban Revival and Economic Growth

Buffalo, NY – M&T Bank, a long-standing pillar of the Western New York community, has once again demonstrated its unwavering commitment to the region's prosperity with a significant $250,000 contribution to the Buffalo Urban Development Corporation (BUDC). This substantial investment is earmarked for the vital Buffalo Building Reuse Project, an initiative poised to breathe new life into the city's urban fabric and catalyze economic growth.

The Buffalo Building Reuse Project stands as a cornerstone in the city's revitalization efforts.

Its core mission is to strategically redevelop and reposition underutilized or historic buildings within Buffalo, transforming them into vibrant spaces for businesses, residents, and community engagement. By fostering adaptive reuse, the project aims to stimulate local economies, attract new enterprises, create sustainable job opportunities, and enhance the overall appeal of Buffalo's urban core.

"At M&T Bank, our roots run deep in Buffalo, and we are profoundly invested in the success and vibrancy of this incredible city," stated Shelley C.

Drake, M&T Bank Regional President for Western New York. "This $250,000 contribution to the Buffalo Urban Development Corporation for the Building Reuse Project is more than just financial support; it's a testament to our belief in Buffalo's potential and our commitment to being an active partner in its continued renaissance.

We envision a future where Buffalo's historic architecture is preserved and repurposed, contributing to a dynamic and thriving urban environment."

Brandye Merriweather, President of BUDC, echoed this sentiment, expressing immense gratitude for M&T Bank's generosity. "M&T Bank has consistently been a champion for Buffalo's economic future, and this latest contribution is further proof of their dedication.

The Buffalo Building Reuse Project is critical for unlocking new opportunities for businesses and residents, and M&T Bank's support provides crucial momentum. This funding will directly enable us to push forward with our initiatives to transform dormant spaces into engines of economic activity and community pride."

This partnership between M&T Bank and BUDC exemplifies a shared vision for a more robust and prosperous Buffalo.

Through targeted investments like this, the city is not only preserving its rich heritage but also laying the groundwork for a dynamic future, ensuring that its urban spaces are not just structures, but living, breathing catalysts for growth and community well-being.

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