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Entertainment Commission: $2.5M of $3M distributed from venue recovery fund; Feb. 2022 conversion to relocation fund is scheduled
Summary
Executive Director Wyland told the San Francisco Entertainment Commission that about $2.5 million of a $3 million Music and Entertainment Venue Recovery Fund has been distributed to 70 venues and that remaining funds and a second application round will be managed by the Office of Small Business; legislation requires the fund to convert to a venue-relocation fund in February 2022 unless amended.
Executive Director Wyland told the San Francisco Entertainment Commission on a remote meeting that staff has distributed roughly $2.5 million of the $3 million Music and Entertainment Venue Recovery Fund to 70 venues, with each receiving about $35,720.
Wyland said the Office of Small Business will manage distribution of the remaining roughly $500,000 and that the application portal for a second round will…
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