Broadway Arts Center
Los Angeles, CA
Efforts to revitalize downtown Los Angeles are in full swing. The Actors Fund Housing Development Corporation is proud to be participating in these efforts through our partnership with Artspace to develop, own, and manage the Broadway Arts Center. Plans provide for a mixed-use building incorporating up to 100 apartments that will be affordable to low-income artists along with rehearsal, performance, studio, and/or gallery space that will serve residents as well as contribute to the increasing vitality of the downtown. Commercial space targeted to creative industries is an additional element of the plan. This project emanates from a series of studies conducted by the AFHDC and Artspace for the City of Los Angeles, with funding provided by the National Endowment for the Arts. The Broadway Arts Center is part of a comprehensive initiative of the City of Los Angeles, which includes potential CalArts development and urban planning and design led by Thom Mayne of Morphosis Architects. The current predevelopment work for the Broadway Arts Center is funded, in part, by major grants from ArtPlace and the MusiCares Foundation.
Rahway Residence for the Arts
The Rahway Residence for the Arts will provide tenants with quality, affordable apartments in an ideal location. The current site upon which the residence will be built is in the heart of the Rahway Arts District, across the street from the Union County Performing Arts Center, a block from the newly constructed Hamilton Stage, and just a few blocks from a NJ Transit station that brings commuters to Manhattan in 40 minutes. Together with its development partners, The Ingerman Group and Crawford Street Partners, the AFHDC is planning to develop, own and manage the building, which will consist of 60 - 70 affordable rental units for low-income members of the performing arts and entertainment community, the visual arts community, and other creative professionals. The building will provide options for individual and family living and will feature a community cultural space for residents and the neighbors, which will accelerate the energy currently brewing around the arts in downtown Rahway. Current plans anticipate applying for Low Income Housing Tax Credits at the next available opportunity.
The AFHDC is also actively evaluating opportunities for future developments in Los Angeles, New York City and Newark, NJ.
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