BUFFALO, NY — Thanks to a coordinated effort involving many partners, Roswell Park Cancer Institute (RPCI) has secured more than $6 million in additional funds toward construction of its Clinical Sciences Center (CSC), a 142,000 square-foot facility to be used for patient care, research and survivor support services. The funds will be distributed through the New Markets Tax Credit Program, established by Congress in 2000 to spur investments in low-income communities.

RPCI, located in an area designated by the U.S. government as medically underserved, will see an allocation of $30.5 million in federal tax credits, yielding approximately $6.3 million toward this new construction. Sen. Charles Schumer, Rep. Brian Higgins and City of Buffalo Mayor Byron Brown provided critical advocacy on Roswell Park’s behalf, and a number of financial institutions and certified Community Development Entities (CDEs) provided tax credits toward the project: JPMorgan Chase, Dudley Ventures, the National Development Council (NDC) and Building America.

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