2013
2† acquired0 sold$0 property sales
BENLIC made its first acquisitions: two tax-foreclosed properties bought at the County's 2013 auction, plus a pilot of three tax liens. The NYS Attorney General's Community Revitalization Initiative awarded $2,087,500 for demolition, rehabilitation, side lots and first staff.
2014
18 acquired1 sold$6,311 property sales
BENLIC hired its first executive director and took in a first large batch of properties through municipal foreclosure auctions, a bank donation and its own foreclosure. Grant-funded demolitions removed 55 vacant buildings in Buffalo and 7 in Lackawanna, rehabilitation began on 8 homes, the first property was sold, and a second Attorney General grant of $2,500,000 was awarded.
2015
15 acquired11 sold$43,715 property sales
BENLIC sold 11 properties, including six small parcels to the Town of Tonawanda. Grant funds paid for about 45 demolitions across Buffalo, Lackawanna and other Erie County towns, rehabilitation began on 11 homes, and a $10,000 Oishei Foundation grant funded the first Strategic Plan.
2016
36 acquired11 sold$739,953 property sales
Acquisitions more than doubled and rehabilitation was under way on 30 properties. Net assets passed $2.4 million. BENLIC added a part-time building inspector and two AmeriCorps outreach planners.
2017
38 acquired25 sold$1,015,900 property sales
A record year for sales, helped by the new Note and Mortgage program that ties buyers to required repairs (7 homes sold). A third Attorney General grant of $1,230,000 added money for rehabilitation and a first new-construction infill pilot.
2018
40 acquired30 sold$886,155 property sales
Sales stayed strong, including 16 homes under the Note and Mortgage program. A $1,500,000 “Round 4” Attorney General grant came through Enterprise Community Partners, and BENLIC agreed a formal bid assignment with the City of Buffalo, bidding on 41 properties at the City's auction.
2019
40 acquired37 sold$1,771,905 property sales
A record year for sales. The Note and Mortgage program was renamed Vacant to Value, two new-construction homes were finished in August and listed in September, and BENLIC hosted the New York State Land Bank Association conference with more than 80 attendees.
2020
6 acquired23 sold$1,139,079 property sales
BENLIC kept working through COVID-19. With foreclosure auctions frozen, all 6 acquisitions came through a new property-transfer pilot with the City of Buffalo, and 23 properties were sold. A $650,000 “Round 4.2” Attorney General grant was awarded.
2021
4 acquired21 sold$980,927 property sales
Foreclosure moratoriums nearly stopped acquisitions, so BENLIC worked down its inventory, selling 21 properties including 13 under Vacant to Value and 3 to Habitat for Humanity. Construction of 3 single-family homes on one vacant lot was completed.
2022
34 acquired19 sold$1,441,755 property sales
BENLIC adopted a Five-Year Strategic and Financial Plan, chose a developer for the Adams Street infill project through a request for proposals, and received its first state operating support ($600,000 from the NYS HCR Land Bank Initiative). 19 properties were sold, including 3 affordable new-construction homes.
2023
0 acquired12 sold$615,795 property sales
BENLIC took on the ARPA Infill Initiative, now Building Buffalo Roots ($23.5 Million pledged by the City of Buffalo and Erie County), and became lead developer of the 12-home Adams Street block. State Land Bank Initiative Phase II funding of $1.7 Million was secured for rehabilitation and demolition.
2024
58 acquired15 sold$443,400 property sales
BENLIC broke ground on Adams Street in August, lined up the design and construction team for Building Buffalo Roots (the ARPA Infill Initiative), held neighborhood meetings, and demolished three buildings beyond repair. Four gut rehabilitations began with state capital funds.
2025
0 acquired5 sold$321,004 property sales
Construction of Building Buffalo Roots (the ARPA Infill Initiative) began in April and the first 12 homes were completed in October, with 22 more under construction at year end. On Adams Street, 3 of 12 homes were finished and 9 were in progress. Total revenue of $17,163,451 is mostly grant funds ($16,842,447), largely ARPA money passed through Erie County and the City of Buffalo, not sales.