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Objective 4: Address the affordability crisis for the cultural communityStrategy B: Preserve and develop long-term affordable artist workspace and housing
ActionReleased a Request for Expressions of Interest (RFEI), in partnership with NYC Economic Development Corporation, to identify cultural organizations able to develop and operate affordable artist workspaces as part of the Affordable Real Estate for Artists initiative (AREA).
Fiscal Year: 2018
Occurrence: Ongoing

Glossary

Cultural Institutions Group (CIG)

A 34-member group of cultural organizations located on City-owned property and receiving significant capital and operating support from the City.

Cultural Development Fund (CDF)

The Department of Cultural Affairs’ annual grant-making process for New York City's nonprofit arts and cultural organizations.

Fiscal Year (FY)

The New York City budget cycle starts on July 1 of a given year and ends on June 30 of the following year.

One-time

An action that occurred in the stated fiscal year.

Multi-year

An action that was initiated in the stated fiscal year and repeats for a finite number of years.

Ongoing

An action that was initiated in the stated fiscal year and occurs annually without a defined end date.

 
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