Community-Based Real Estate Development Training Program
The Community-Based Real Estate Development Training Program teaches East Side building owners and community members how to plan for and implement a commercial real estate development project. Applicants accepted into the program will actively participate in 19-week course, including 18 weeks of instruction and a graduation. There will be an opportunity to apply for capital funding from ESD for those who complete the training program, that will support the renovation and reuse of their properties.
The Community-Based Real Estate Development Training Program was developed through collaboration of the University at Buffalo School of Architecture and Planning, University at Buffalo Regional Institute, Local Initiatives Support Corporation, Empire State Development, and the City of Buffalo.
The course is currently in its second cohort. After a competitive application process, 18 East Side residents and business owners are currently enrolled in the class. In response to the COVID-19 crisis, the class is currently being offered virtually through August 2021.
ESD recently opened a dedicated East Side Commercial Building Capital Fund for CBREDTP graduates. Graduates are invited to apply upon successful completion of the course. See program guidelines here. If you are a graduate and interested in the fund, please contact Lorrie Abounader at [email protected] or 716-846-8200.
There is great development potential on Buffalo’s East Side. The Community-Based Real Estate Development Training Program is designed to enable community members to develop their own properties, fostering entrepreneurial spirit and creativity and to better ensure that lands and buildings along the East Side corridors are improved in a manner driven by the East Side community. The goal is to build a pipeline of citizen developers interested in taking an active role in revitalizing their commercial corridors.