In a groundbreaking development for the economies of three Western New York cities, the state has announced plans to distribute nearly $17 million in casino revenue to boost local projects and initiatives. The funding, which is derived from a portion of the profits generated by the region’s casinos, will be allocated to support a wide range of community enhancements in Buffalo, Niagara Falls, and Salamanca.
This significant injection of funds comes as part of the state’s commitment to reinvesting in the communities that host casinos, ensuring that they benefit from the economic opportunities created by these establishments. Governor Kathy Hochul highlighted the importance of this funding, stating that it would play a crucial role in supporting the growth and development of Western New York.
Buffalo, the largest of the three cities receiving funding, is set to receive approximately $9.2 million. The allocation will be used to support a variety of projects, including infrastructure improvements, public safety initiatives, and economic development programs. Mayor Byron Brown expressed his gratitude for the funding, noting that it would help to address key priorities in the city while promoting long-term sustainability.
Niagara Falls, known for its iconic waterfalls and bustling tourist industry, will receive $5.2 million in funding. The city plans to use the money to enhance its public spaces, improve transportation infrastructure, and support local businesses. Mayor Robert Restaino hailed the investment as a major boost for the city’s economy, noting that it would help to create jobs and drive further growth in the region.
Salamanca, a smaller city located near the Seneca Allegany Resort & Casino, will benefit from $2.3 million in funding. The money will be used to support community development projects, improve access to essential services, and enhance quality of life for residents. Mayor Michael Smith praised the state’s commitment to investing in the city, highlighting the positive impact it would have on the local community.
Overall, the distribution of nearly $17 million in casino revenue marks a significant milestone for Western New York, providing a vital source of funding for key projects and initiatives in Buffalo, Niagara Falls, and Salamanca. As these cities prepare to embark on a new phase of growth and development, the state’s investment is expected to play a pivotal role in driving economic prosperity and improving the overall quality of life for residents.
