Consortium Views Arts as Engines of Recovery
Submitted by Steve on September 15, 2011
From Robin Pogrebin at The New York Times:
In the two years since he became chairman of the National Endowment for the Arts, Rocco Landesman has been trying to make the case that art is an effective linchpin to economic development. Now in a broad effort to build on that thesis, he has helped to enlist an unusual consortium of foundations, corporations and federal agencies that will use cultural enterprises to anchor and enliven 34 projects around the country, from a struggling city block in Detroit to a vacant school in East Harlem.
The projects will receive $11.5 million in grants from the foundations and another $12 million in loans from the corporations under the program that is to be financed through the private sector but coordinated in part by federal agencies. The program, to be announced on Thursday and called ArtPlace, aims to integrate artists and arts groups into local efforts in transportation, housing, community development and job creation as an important tool of economic recovery.