the term “starving artist” may be a cliche, but it’s also very real. for many, paying rent or a mortgage and shelling out money for a studio space is often a recipe for financial disaster.
Learn more about how the CRA is working to make Lake Worth the arts center of Palm Beach County.
On Janary 19th, 2017, the Lake Worth Community Redevelopment Agency (CRA) held a public workshop to discuss their new Commercial Grant Programs. The workshop informed the business community of what programs are offered, the requirements and guidelines and the overall process of award.
The IDA program is a matched savings account program to assist low-to-moderate income individuals to save $2,000 over a 36-month period. The individual’s $2,000 is matched with $4,000 (2:1 match) to be used towards the down-payment and closing costs of a first time home purchase.
Today, the Lake Worth Community Redevelopment Agency (CRA) was awarded a $2,000 grant by the National Trust for Historic Preservation from the Daniel K. Thorne Intervention Fund. These grant funds will be used to help support financial analysis planning of the historic 1000 Lake Avenue project.
