June 2017 – The WLDC is working with the Town of Wheatfield on a $750,000 CDBG grant for Niagara International Sports & Entertainment dba Big Thunder Brewing. The proceeds from this grant will be to purchase brewing equipment for their location in the old Save-a-Lot store at the Summit Park property. Completion of the project is slated for Q1 2018.
Dec 9, 2016 – The Wheatfield LDC would like to announce the completion of our first project. In conjunction with the Town of Wheatfield, a $100,000 grant was obtained from the Office of Community Renewal (OCR) for Jacobs Ladder to assist with capital improvements and the hiring of additional workers. The package consists of a Term Loan to be spread over a number of years and a Deferred Loan that may be forgiven should OCR guidelines and the LDC contract requirements be met within the stated time frame. LDC Chairman Bill Wagner states “It is an exciting accomplishment for the LDC. Our stated mission is to assist with business development in the Town of Wheatfield and we are proud to have completed our first project. We look forward to finding more opportunities for job growth and business expansion in Wheatfield.”
2016 – The Wheatfield LDC is currently in the process of evaluating a Community Development Block Grant opportunity for Jacobs Ladder in conjunction with the Wheatfield Town Board. The purpose of this grant will be to assist the company in meeting certain capital requirements related to their expansion into the property located at 6292 Walmore Road. Jacobs Ladder is an exercise equipment manufacturing company.