Auburn seeks additional funding for arts/education project

Posted by
Mike Buffington
in Auburn Archives
Friday, September 23. 2011
Comments (0)
The Auburn City Council learned last week the city was not selected for a $500,000 Community Development Block Grant (CDBG) grant to partially fund a $1.5 million city renovation project. The project was designed to convert a city-owned building into a cultural arts and community center for after school programs.

Now officials will seek other financing options, such as low interest loans, in order to move ahead with renovations on the building.

According to city planner Larry Lucas, the city will have to pay a percentage of the cost. The information proposes a state-outlined funding scheme for the renovation project, which would be paid for by 50 percent private funds, 40 percent state subsidies and 10 percent of the city’s funds, an approximately $150,000 share.

For the full Auburn council story, see the Sept. 21 issue of the Barrow Journal.
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