Niagara Gazette

Local News

November 26, 2012

Director promotes Live NF

Niagara Gazette —

City lawmakers were updated Monday on the Community Development Department's plan to reimburse college graduates and graduate students for their loans in an effort to lure them to Niagara Falls.

The Downtown Housing Incentive Program, now rebranded as Live NF, will offer to pay up to $7,000 - $3,500 a year for two years - worth of student loans for people who move into a designated section of downtown. 

Seth Piccirillo, the city's director of community development, said that since creating the program in June his department has spent $210 - though there is a $900 advertising bill upcoming - and that a two to one return on investment has been created.

"We've also applied for a $250,000 grant in addition for mixed-use buildings in a target area," Piccirillo said. "If that's received, we'll be at a three to one return on investment on hard costs."

Piccirillo said the department was also able to use the program to help leverage a federal public safety program that will use data-driven policing support to help the Niagara Falls Police Department target property theft and violent crimes.

U.S. Sen. Charles Schumer, D - N.Y., was in the city last week to announce the program.

"Our conversation with Senator Schumer's office started with Live NF and a link between public safety and attracting and keeping residents," Piccirillo said.

Since opening up the application process in September, Piccirillo said his department has received 27 applications for 20 available spots. An independent review panel will choose applicants through a review process that favors Niagara Falls residents and participants looking to buy homes in the designated area, Piccirillo said.

"Home ownership is a goal of this program and my department as a whole," Piccirillo said.

Piccirillo said members of the review board will choose applicants considered most likely to continue to live in Niagara Falls after their participation in the program has ended.

Text Only | Photo Reprints
Local News
Featured Ads
Seasonal Content
House Ads
AP Video
Opinion
House Ads
Night & Day
Twitter News
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Front page
Poll

Do you think cigarette sales to non-Native American customers should be taxed on reservations?

Yes. Items should be taxed like they are everywhere else.
No, the indian reservations are sovereign land and they are selling them on their land.
Not up to me. Native Americans decide the rules on their land.
Don't care. Smoking isn't good for you.
     View Results