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Rules Committee sends revised nonprofit performing-arts loan rules to full board after staff report and public support
Summary
Committee approved forwarding new rules and a transfer of the nonprofit performing-arts loan program to Grants for the Arts after staff described renegotiations, partial repayments and remaining funds; theater leaders spoke in favor and the City Attorney requested clerical corrections to draft regulations.
The Rules Committee reviewed a resolution to transfer administration of the city's nonprofit performing-arts loan program from the Mayor's Office of Housing to Grants for the Arts and to adopt new rules and regulations governing the program.
Carrie Shulman, director of Grants for the Arts, told the committee the office had renegotiated loans, accepted partial repayments, forgiven some debt and worked to preserve performance-space…
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