Arts Loan Fund
NCG's Arts Loan Fund (ALF) committee is made up of Bay Area funders that are committed to the Arts. The ALF meets several times a year to discuss critical issues impacting the Arts in Northern California and review loan applications to determine awards to Bay Area artists and art nonprofit organizations that are in need of short-term financial assistance.
Join the ALF steering committee for the business meeting and stick around for an engaging program about the Nonprofit Displacement Mitigation Program.
Briefing: Arts and Culture Displacement: State of the Sector
The City and County of San Francisco created The Nonprofit Displacement Mitigation Program to address the displacement of San Francisco’s nonprofit arts and culture and social service organizations. The Program provides services to support nonprofits facing permanent displacement, or those previously displaced, or with lease renewals at substantially higher rates amidst a volatile real estate market. The Northern California Community Loan Fund (NCCLF) and the Community Arts Stabilization Trust (CAST) administer a $2M fund for arts and culture, which provides technical and financial assistance for organizations that meet eligibility criteria.
Leiasa Beckham of NCCLF will present the technical assistance portion of the program. Technical assistance services include financial planning, space planning, identifying/evaluating potential sites, negotiating leases or purchase agreements, developing construction budgets and project timelines, and analyzing potential funding sources. Technical assistance services may be provided on a one-to-one basis and/or in workshop settings.
Tyese Wortham of CAST will give a glimpse into the first round of financial assistance grants to the arts and culture sector. Financial assistance may be used for relocation costs, such as predevelopment expenses (architect, engineer, permits), tenant improvements, holding costs, legal expenses, and moving expenses.
Leiasa Beckham has more than 17 years experience in real estate development. She has worked in all aspects of the built environment: municipal government, affordable housing, private sector commercial construction, private sector residential development, nonprofit development for affordable housing and commercial real estate. In 2010, she joined NCCLF and specializes in re-positioning distressed commercial real estate for the benefit of nonprofits that serve the needs of low-income communities. Leiasa holds a Masters in Urban Studies and Planning from Massachusetts Institute of Technology and a Bachelors’ of Science in Urban Affairs and Planning from City University of New York City.
Tyese Wortham recently joined the Community Arts Stabilization Trust (CAST) in serving artists and arts organizations through real estate development. Prior to CAST, Tyese honed her social justice lens as a grantmaker in Cultural Equity Grants at the San Francisco Arts Commission, and as a presenter and producer of culture-specific artist populations with the San Francisco Ethnic Dance Festival. A 2014 Emerging Arts Professionals MADE award recipient, Tyese has been recognized for her expertise as a panelist, consultant, facilitator, and committee member for various Bay Area arts organizations, including Silicon Valley Creates (formerly Arts Council Silicon Valley), Alliance for California Traditional Arts, Black Choreographers Festival, and the Isadora Duncan Dance Awards. As a passionate and community-based grantmaker, administrator, artist, and teacher, Tyese creates life balance by nourishing her physical, mental, and spiritual health through dance, yoga, and meditation.
These meetings are by invitation only. To learn more about joining the Arts Loan Fund, please contact Michelle Bermúdez, Manager of Collaborative Philanthropy.
ALF Committee members: Please log into your account to register for this meeting and receive the meeting docket. First time on this website? Set your password.
About the Arts Loan Fund
Since 1981, the Arts Loan Fund (ALF) has provided over 1,000 low-interest, quick turnaround cash flow loans of up to $50,000 to arts organizations located in Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Mateo, San Francisco, Santa Clara, Santa Cruz, Solano and Sonoma counties, and individual artists in Oakland and San Francisco.
The Arts Loan Fund is housed at Northern California Grantmakers, and its committee is comprised of NCG members. The committee meets every six weeks to review loan applications and determine loan awards.