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The LMDC has contributed $27 million in grants to 62 cultural institutions in order to enhance and restore the vital
cultural life of every Lower Manhattan neighborhood.
Projects & Programs > Cultural Enhancement FundsCultural Enhancement Funds
In March 2006, the Lower Manhattan Development Corporation awarded $27.4 million in cultural enhancement grants to 63 Lower Manhattan arts organizations and projects. The grants are expected to leverage more than $410 million in investments for cultural institutions below Houston Street. The Grants were categorized into four categories capital, events, planning and program.
Capital projects include new construction — both new buildings and new spaces in existing buildings, expansions into adjoining spaces, renovations and improvements, equipment purchases, and site acquisitions. Recipients of Capital grants are listed below.
Allocations in this area support a variety of festivals and performances that serve Lower Manhattan residents, workers, and visitors. These events are free or low cost and attract diverse audiences. In many cases, the LMDC will provide multi-year support, to secure the role the festivals play in Lower Manhattan revitalization. The LMDC will work with other downtown organizations on the promotion of these festivals as a season of Lower Manhattan festivals.
The LMDC is supporting a number of cultural organizations seeking a new home in Lower Manhattan as well as several organizations who are in the early stages of a major expansion or full renovation. The LMDC funds will assist these organizations with site search, project management, business plan development, and pre-design activities.
Program allocations support organizations providing educational programs, presenting exhibitions, and developing promotional materials and initiatives.