Buffalo Diocese Sales and Financial Shift | Buffalo News

The Catholic Diocese of Buffalo is navigating a financial tightrope as it sells off key real estate holdings—once a major revenue stream—amid a steep drop in income. While these sales have generated over $3 billion, down sharply from $8 billion in 2022, they’re seen as a necessary move to pay down debt and reinvest. The Diocese is balancing fiscal responsibility with its mission to serve its community, with major sales across Erie County—including Buffalo, Niagara Falls, and Cheektowaga—fueling the cash flow. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0356d1c59fb6f218