WBEN Buffalo Business Report - Wednesday, January 30th 2019

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KeyBank Community Development Lending & Investment has provided a $5.4 million construction loan and $6.7 million in 9% tax credit equity to Belmont Housing Resources for WNY, Inc.  The total of $12.1 million in financing will go toward the construction of Elim Townhomes, located at 205 Holden Avenue in Buffalo. 

The Buffalo Planning Board approving a trio of items at its meeting earlier this week.  As reported by Business First, the sale of Oscar’s B&B at 288 Linwood Avenue went through.  A proposal to add 20,000-square-feet to the Better Wire Products operation on Babcock Street was okayed and a request for a special-use permit to open a tavern at 378 Seneca Street was approved.  That building sits next to the recently closed DiTondo’s Restaurant.

Lawley has entered into a "joint venture partnership" with Rhoe B. Henderson Insurance Agency in Jamestown.  That gives Lawley an 11th office in Western New York.