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Press Release, 12-9:You're in the Money
September 11th Fund Grants $5 Million to Arts
From the Lower Manhattan
Edited by The Dance Insider
NEW YORK -- The Downtown
Alliance and Lower Manhattan Cultural Council (LMCC) announced the
launch of a Cultural Capital Grant Program, funded by $5 million
from the September 11th Fund, which will provide challenge grants
of up to $225,000 and technical assistance to cultural institutions
engaged in the performing arts and public programming interested
in putting down roots in Lower Manhattan. These grants are part
of a dedicated and continuing effort to transform Lower Manhattan
into a destination for arts and culture.
"The arts are a crucial
economic development driver in any neighborhood and they are important
for workers, businesses, and residents," said Carl Weisbrod, president
of the Downtown Alliance. "This grant program addresses the need
for a vital and growing arts sector throughout Lower Manhattan and
provides immediate momentum at a time when other cultural initiatives
are necessarily focusing on the long-term."
Capital grants of up
to $225,000 are being offered to assist small- to medium-sized performing
arts institutions in the upgrade, renovation, and creation of performance
spaces below Murray Street. These grants will be awarded on a contingent
basis, requiring a 2:1 cash match before funds are released. Pre-development
grants of up to $50,000 will also be available for institutions
in the early evaluation stage of relocation below Murray Street.
Pre-development funds may be used for site identification, feasibility
studies, and preliminary design work.
"Lower Manhattan is
poised at a moment of opportunity, with major redevelopments and
residential expansions taking place," said Tom Healy, president
of the LMCC. "Through this major new grant program, arts and cultural
groups will be provided with critical funding to become a permanent
part of the fabric of downtown."
Grant participants will
also be offered the opportunity and encouraged to participate in
a complimentary technical assistance program to further assist them
in facilities project management and capital fundraising.
To be eligible for a
grant, an organization must be engaged in performing arts or other
public cultural programming efforts. Organizations must have been
in existence for at least three years and must be in the process
of evaluating relocation or in the planning phases of relocation
to or within Lower Manhattan.
Letters of Interest
(LOI) for initial review must be received by 5 p.m. Monday, January
24, 2005. For grant guidelines and LOI procedure, please contact
Sigrid Peterson of the Alliance for Downtown New York at 212-835-2753.
Information on the program can also be found on the web sites of
the Downtown Alliance and the LMCC .
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